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It is such a great improvement that ISPs cannot eavesdrop us anymore... only for everyone to terminate TLS at cloudflare so they (and thus US government) can now eavesdrop everyone.

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Ultimately, I find it likely that TLS will become a tool to prevent users from accessing foreign content (browsers stubbornly refusing to show untrusted sites in the name of security, slowly getting there), more than a tool to prevent eavesdropping on users secrets.

If you have a service that shares information between people all over the world, a few big companies and one government is for most cases an improvement over all the involved ISPs and all of their respective governments.

That's not the trade-off you make though.

The involved ISP and respective governments do still see everything, but also cloudflare and the US ISPs they use see it in the clear.

Also the US has a history of abusing its position here, even with less honeypot like companies.

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