I built a new PC for a friend, and getting the AM5 platform stable was ridiculously challenging, so there were several reinstallations of Windows involved. He didn't use a password manager, so there were a lot of logging in, password resets etc. involved. For virtually every service he had to login to he was asked to complete a CAPTCHA. For Steam in particular: he had to do the first login on the website, because the CAPTCHA inside the application appeared to be bugged and was more like psychological warfare than human-verification. The frustration was palpable.
Also turn on a VPN some time (a signal to Google et al. that you're trying to bypass content region-restrictions, or funnel mobile traffic through an ad-blocker) and you are basically guaranteed to see nothing but CAPTCHAs from the predominantly CloudFlare owned and operated Internet.
So yes, it's a big problem, but only if your web environment (tracking metadata) are not sufficiently "trusted" :D
Also turn on a VPN some time (a signal to Google et al. that you're trying to bypass content region-restrictions, or funnel mobile traffic through an ad-blocker) and you are basically guaranteed to see nothing but CAPTCHAs from the predominantly CloudFlare owned and operated Internet.
So yes, it's a big problem, but only if your web environment (tracking metadata) are not sufficiently "trusted" :D