"Better" would mean not seeing cookie dialogs at all.
There has (perhaps predictably) been significant lobbying against that by entrenched industry players, so we'll see what emerges as a result.
(I have to admit I'm not up-to-date on the latest happenings regarding this regulation)
You would find cookie consent options in your browser settings (for example, near "Privacy Settings"), and you would configure your rules there (with sensible defaults).
You shouldn't see any cookie consent pop-ups while browsing the web, as a result of that -- your browser would communicate your preferences for you.
As I said though: I'm unclear on the status of the ePrivacy Regulation.