This patch allows Asset Browser previews to be made regardless
of the setting of the (unrelated) "Preview Type" Preference.
Prior versions of Blender had a checkbox in Preferences / "Save & Load" for "Save Preview Images". This was only ever intended to allow turning off the rendering of blend file previews since these are recreated every time you save. Turning that off never disabled the creation of other previews and thumbnails. Using File Browser with that option off still created thumbnails for images, videos, etc. It was just an option to potentially save time when saving.
But with the addition of the Asset browser this option is now mistakenly used to turn off all the rendering of all blend contents. So turning that off turns off Asset Browser previews. With D10492 this one checkbox is now expanded into several options, but with the same intention of only altering blend file previews. But this also makes this more likely to be seen and for users to select "None" - and therefore breaking Asset Browser.
I can't think of any argument for allowing users to turn off Asset Browser previews.