Changes un Adobe Cloud System starting February 1st

"Starting February 1, 2024, Adobe will discontinue the Creative Cloud desktop synchronization service and the folder and file sharing capabilities of Creative Cloud Synced files. Files in the Creative Cloud Files local folder will no longer be copied to cloud storage, and those copies in cloud storage will be deleted."

Will all my files saved on the Adobe Cloud be deleted? How to move all files to a local device at the same time?