Creative Commons was on the right track with their human-readable licenses, see e.g. this example [1]. Apple is on the right track with their App Store "nutrition labels" [2]. This is what we need for people to make informed decisions. For physical objects like a Kindle, I believe such "nutrition labels" should ideally be put on the box (physical store) and website (online stores), so the consumer is aware before they go home and turn on the device (this makes it easier to compare the Kindle to a Boox or Nook at the store).
[1]: https://creativecommons.org/licenses/by-nc/4.0/
[2]: https://mashable.com/article/apple-privacy-nutrition-labels-...
If the industry moved to a standardized disclosure form (e.g. something like the HUD-1 [1] in real estate sales), people would stop complaining about this.
2. Nobody reads them because most of the time they are explicitly user hostile, I'm pretty sure they are designed to prevent users from reading them.