It isn't perfect, at all, but no laws are. This is a major milestone for the discussion of data privacy and pushed the world into that, it needs to be worked, of course, but that's how laws work, they take time to evolve.
As someone who has had to work on several GDPR compliance initiatives I don't think it's bloody stupid at all, no matter how much more workload it has created for all the teams I helped to implement it. It has quirks but it's in no way bloody stupid.
I'd prefer if you can list your arguments for being bloody stupid as just stating that does not develop any kind of healthy discussion, it's your opinion and judgment of value, with no supporting argument. Good luck with that, victim-blaming is corporate-bootlicking.
If you knew the law, you wouldn't say it was stupid
> Third party cookies and ad blockers are configurable in your browser, if you don’t configure them then it’s your fault.
Ah, the victim-blaming begins. No, it's not my fault that ad companies willy-nilly collect any and all information and sell it to the highest bidder.