That's the absolute risk reduction ARR. That's low because few people get COVID. The RRR is how effective the vaccine is and the RRR is in the 90's. That means the shot itself is very effective. But the shot might not be necessary and is certainly not necessary for everyone or for anyone in particular. Needs to be individual case by case.
Explanation of ARR and RRR: https://www.wusa9.com/article/news/verify/absolute-risk-reduction-formula-covid19-vaccine-versus-relative-risk-reduction-formula/65-e3b7a521-f2f6-46b9-a3cb-450765b49863 Their bottom line: Our Verify researchers spoke with the author behind the scientific paper going around. He believes that the public has a right to know both numbers
Would be helpful if the ARR was presented for age groups.
Though any positive ARR is good.
However, by increasing the cycle counts to insure lots o f positives (90% more than actual), the need for the shot is dramatically reduced. The risk for most is very small for most vs injecting an experimental jab.