Flashing green lights are useful if drivers, cyclists, and pedestrians understood and obeyed the rules. But just about everyone misuses the "stop" rules and loads of people completely misunderstand the right-of-way, and VRU often claim "the red light doesn't apply to them, just for cars". Plus if you're an old/slow pedestrian you can get put at risk in the middle of walking across the cross street because your green light can change instantly to yellow with no warning. Drivers cross on very stale "non-light" states from the cross-street because there is no way to know the other light is just about to turn green, and they basically enter the intersection just as the traffic gets the green going the other way. There are other problems too, it's pretty stupid to still use this system.
Around from me there is a flashing green on a blind corner, you can in theory cross this intersection without waiting for the red, and it's commonly done, but you really have no idea if it's safe until you floor it. I have to listen rather than look, but it's better to just wait.
Another issue is if you legally cross against the flashing green as a car or cyclist because "you know it's safe", the next person behind or the pedestrian beside you may cross too, thinking that the light had changed but really you're just dashing through on your safe opportunity. It is not safe for them to follow you, but they might if they aren't paying attention.
It's always quicker to lean out or get out to press the button yourself. The light often changes instantly then, rather than wait for the embedded sensor to act. Many people claim there are no embedded sensors in the road, but I believe that's no longer true if it ever was.
The safest thing to do is treat the flashing green as a solid green and also never enter from the cross street if the pedestrian signal is a solid hand. It might actually be a difficult thing to teach FSD Beta to understand. Crossing from a cross street relies on you reading the OTHER traffic light and YOUR pedestrian signal because you don't have any traffic light in your direction.