Put another way--the FBI can sneak into my apartment any time they want by picking my lock, but I still lock my door.
Put another way--the FBI can sneak into my apartment any time they want by picking my lock, but I still lock my door.
The title is somewhere between misleading and dishonest. It's like saying that door locks are "dead" because burglars can go in the windows - in reality there's nothing wrong with the door locks, and the correct response is not to abandon the door locks but instead to secure the windows too (no pun intended).
The fact that there are side attacks is not a flaw of cryptography, rather it is a part of the environment in which it is practiced, and besides the attackers' workarounds are in principle subject to being defeated or avoided.
It may actually happen for quite a bit of people. I think your percentage is about people where it makes a difference in their life whether or not the Three Letter Agencies decrypt their traffic or not.
IT systems and networks have become so large and complex that vulnerabilities are everywhere. Your home computer may have a small enough attack surface by itself, but is constantly communicating with systems who don't - and much of your important data is kept in those anyway.
Note: As a fraction, the number you give for this is that it will happen to one in a billion people.
You are claiming that there are 8 people in the world that this outcome will happen to. While your general point may be true, I want to emphasise that this number is quite absurdly off. (It's off by at least two or three orders of magnitude.)