Indeed. One can regenerate it on each shutdown / reboot. The process is a little different depending on whether one has systemd or not. It's a dbus thing but systemd ingests it and there is a specific process around updating that in systemd.
There is also the NetworkID in Firefox about:networking#networkid
Another trackable piece of information on most systems is the creation time of / which just about any application can query unless it is properly isolated. This can be turned into a short unique hash. There are hacky ways to change the Birth time on unmounted filesystems using debugfs which may result in corruption.
stat / | grep irth
Birth: 2023-04-17 20:27:01.000000000 +0000
stat / | grep irth | md5sum
8b5e849954373f8f3c2a625847e4e858Many, many apps read /etc/machine-id if you do a quick github search.
Apps may have been silently correlating our activity for years without us knowing.
We know DHCP, EFI, GNOME, popularity-contest and many other apps already use it. There are countless ways it could be used already that are hard to detect.
It also helps that "Linux" isn't a monolith. One person's installation can be very different from another in terms of the software used. If one piece of software collects, that collection isn't as valuable as Microsoft's because the userbase is much smaller.
Whether everyone does that correctly, that's a different question. On the other hand, while developers should be more careful about how they use identifiers like this, if an application on your machine wants to track you they don't need /etc/machine-id.
You can most likely get better security than mobile's, you just need to e.g. learn to write your own SELinux policies, etc.