(I used to work on this, on the Google Ads side)
Simplistic? Maybe, but it is also realistic.
> Especially if you assume they are as hyper focused on profit above all else.
Google is not "they", as in a group of people. Google has been a public company for 18 years, since 2004. The main purpose of a public company has always been to maximize shareholder value by generating as much profit as possible. Google is no different in that regard.
That's not a cynical take, that's what they're saying publicly. "That's why we started the Privacy Sandbox initiative to collaborate with the ecosystem on developing privacy-preserving alternatives to third-party cookies and other forms of cross-site tracking. ... The most consistent feedback we’ve received is the need for more time to evaluate and test the new Privacy Sandbox technologies before deprecating third-party cookies in Chrome. This feedback aligns with our commitment to the CMA to ensure that the Privacy Sandbox provides effective, privacy-preserving technologies and the industry has sufficient time to adopt these new solutions. This deliberate approach to transitioning from third-party cookies ensures that the web can continue to thrive, without relying on cross-site tracking identifiers or covert techniques like fingerprinting." -- https://blog.google/products/chrome/update-testing-privacy-s...