So the CIA has tools to snoop on you via your TV and your Echo is testifying in a murder case and yet people are still buying connected devices with microphones in and why are they doing that the world is on fire surely this is terrible?
You’re right that the world is terrible, but this isn’t really a contributing factor to it. There’s a few reasons why. The first is that there’s really not any indication that the CIA and MI5 ever turned this into an actual deployable exploit. The development reports describe a project that still didn’t know what would happen to their exploit over firmware updates and a “fake off” mode that left a lit LED which wouldn’t be there if the TV were actually off, so there’s a potential for failed updates and people noticing that there’s something wrong. It’s certainly possible that development continued and it was turned into a polished and usable exploit, but it really just comes across as a bunch of nerds wanting to show off a neat demo.
But let’s say it did get to the stage of being deployable – there’s still not a great deal to worry about. No remote infection mechanism is described, so they’d need to do it locally. If someone is in a position to reflash your TV without you noticing, they’re also in a position to, uh, just leave an internet connected microphone of their own. So how would they infect you remotely? TVs don’t actually consume a huge amount of untrusted content from arbitrary sources, so that’s much harder than it sounds and probably not worth it because:
YOU ARE CARRYING AN INTERNET CONNECTED MICROPHONE THAT CONSUMES VAST QUANTITIES OF UNTRUSTED CONTENT FROM ARBITRARY SOURCES
Seriously your phone is like eleven billion times easier to infect than your TV is and you carry it everywhere. If the CIA want to spy on you, they’ll do it via your phone. If you’re paranoid enough to take the battery out of your phone before certain conversations, don’t have those conversations in front of a TV with a microphone in it. But, uh, it’s actually worse than that.
These days audio hardware usually consists of a very generic codec containing a bunch of digital→analogue converters, some analogue→digital converters and a bunch of io pins that can basically be wired up in arbitrary ways. Hardcoding the roles of these pins makes board layout more annoying and some people want more inputs than outputs and some people vice versa, so it’s not uncommon for it to be possible to reconfigure an input as an output or vice versa. From software.
Anyone who’s ever plugged a microphone into a speaker jack probably knows where I’m going with this. An attacker can “turn off” your TV, reconfigure the internal speaker output as an input and listen to you on your “microphoneless” TV. Have a nice day, and stop telling people that putting glue in their laptop microphone is any use unless you’re telling them to disconnect the internal speakers as well.
If you’re in a situation where you have to worry about an intelligence agency monitoring you, your TV is the least of your concerns – any device with speakers is just as bad. So what about Alexa? The summary here is, again, it’s probably easier and more practical to just break your phone – it’s probably near you whenever you’re using an Echo anyway, and they also get to record you the rest of the time. The Echo platform is very restricted in terms of where it gets data, so it’d be incredibly hard to compromise without Amazon’s cooperation. Amazon’s not going to give their cooperation unless someone turns up with a warrant, and then we’re back to you already being screwed enough that you should have got rid of all your electronics way earlier in this process. There are reasons to be worried about always listening devices, but intelligence agencies monitoring you shouldn’t generally be one of them.
tl;dr: The CIA probably isn’t listening to you through your TV, and if they are then you’re almost certainly going to have a bad time anyway.
 Which I have obviously not read
 I look forward to the first person demonstrating code execution through malformed MPEG over terrestrial broadcast TV
 You’d need a vulnerability in its compressed audio codecs, and you’d need to convince the target to install a skill that played content from your servers