If you are not in the EU, you just get all the tracking without even being asked (instead of being asked but any negative response somehow worked around).
Each of those chevrons when clicked lists the hundreds of partners that you are potentially being followed around by. They make it painful to opt out (impossible to permenantly opt out but of course easy to permanently opt in, accidentally or otherwise) though this design is not as egregious as many I've seen as it gives an opt-out-all click for "legitimate interest". Some sites ("powered by Admiral" - I'm looking at you, well actually I'm not as you are collecting in the list of sites blocked at the network DNS level here) make you click a separate option off for every. single. one. of. the. many. many. many. many. many. 3rd parties.
California has enacted some relevant policy in that direction, but IIRC it does not require consent in the same way the EU legislation does.
I remember looking up some tourist destination and reading a few travel blogs about it, the cookie consent popups of the different sites looked identical