Language being ubiquitous does not make it okay. ToSs are commonly full of crap, to the extend of most of them being invalid, hence every one of them having their "survival" clause.
This specific section renders the ToS pointless from the perspective of a user, as it may fundamentally change on a whim. Tomorrow, the company may change the ToS to sell you out for easy money, throwing away your private life and privacy rights before you'll have a chance to review and cancel. Even without a company turning on you like that, you will have to actively monitor the ToS and possibly cancel your service with a moments notice.
After all, only some changes will trigger a notice, and even then only a notice.
As for how I use the internet: I just don't sign up for/install a lot of things. If I do sign up for/install something, it's only if I can accept/live with the terms. I don't have social media accounts (Self-hosted Matrix/Mastodon not counted), I don't use random cloud services, my app list is roughly limited to government/bank stuff, a single parking app, Matrix and duolingo.
I also live in a region of the world where EULA's are only used as toilet paper, so that takes care of the worst part.
