I'd say it was bad legislation because this was a foreseeable outcome. I actually worked on cookie banners, and we did user testing, a full 80% of people closed it before reading single word and thought it was an ad.

This type of ambush agree to XYZ or you can't come in that we see with EULA's and privacy polices is unfair, just like if some scammer demanded people sign a fifty page contract before they enter the supermarket. This is something people understand intuitively.

It was foreseeable, and the end result is very little has changed as far as consumer privacy. Most people just agree to get the box to go away, if you actually want privacy your best bet is still a private browsing session and a VPN.

Here is an idea, don't abuse your users and you don't even have to show a cookie banner. Of course people treat it like spam - because that is exactly what it is. A giant fuck you to every single user.