This seems logical and reasonable to me, though it seems others are surprised/appalled.
What would a technical solution that respects privacy look like? The website making the call to Google in the background (minus user details) and forwarding the response onward? Why isn't it done that way, it feels like it's the more obvious solution if you're not trying to track users.
Early internet was very wary of 'hotlinking' because it costs money to serve things, people used to try to offload hosting costs to others. Now it seems people take that on willing with the expectation to make enough money to cover it.
Is it just scale, or is it the user info that makes these services viable?
Early Google used to use the argument that them making the web better was profitable, because more people using the web meant more money for them. Does that still apply? Would they still provide Google Fonts if they were legally bound to not use any user information they recieved?