Retirement of workspace collections: Questions on how to proceed

Hi,

I got an email today saying that Workspace collections is being phased out in favour of Power BI embedded (see screenshot below).

Not sure what this means, since when using Power BI Embedded we still need to have a workspace. My understanding is that when using Power BI embedded, what we do is to configure a workspace to use dedicated capacity.

So how would that work if workspaces are being retired?

Regards,

P.