No lol…
Take a look at Whatsapp’s actual PP and you’ll understand why, its lingo that not many of your normal people will be able to understand, plus its 24 pages long - people value their time more than ever so even if they did, they wouldn’t be any the wiser as to how their data is being used.
Facebook are formidable for being so loose with their privacy policies anyway and with their public perception, people will just assume the worst.
These posts they’re putting out now are mere damage control, and I think the reputation of Whatsapp as a service has now been permanently damaged and they know it.