Ironically, this is far more of a narrative than this guy’s idea of Apple’s “narrative.” The idea that banning user tracking hurts small businesses was FB’s narrative to try and get backlash against Apple for its tracking crackdown. That genuinely is a narrative because from Apple’s decision we have seen that consumers (1) prefer not to be tracked (go figure!) but also (2) are spending more than ever.
What he calls Apple’s “narrative” is actually their substantiated history of privacy-protecting technologies. Not just tracking, but iCloud Private Relay, Hide my Email, iMessage E2E encryption, keeping many things on-device only. Even the example he gave as a gotcha - personalized ads - has an opt out button right there! Try opting out of FB’s tracking and ads network and see the difference.