People are talking about the possibility of being spied on by governments. I think if you’re targeted by government or intelligence agencies, then even self hosting most likely won’t save you from them.
What is important here, and why these laws matter, is how trivial it is to get access to your data, or for companies to sell your data. That’s why I appreciate the European’s effort to have better laws for our privacy.
If you really want to be government proof, then you better host everything in a server in a remote secret location out of their reach.