There needs to be regulation and at least the ability to at least easily opt out of any of this insanity, but until there’s one (or probably many) widespread data-breaches related to this total abuse of power, so I suspect we’re at least a decade off that, if it even happens at all.
Edit: location Australia, where political power is toothless due to the small scale of our country. Maybe we can fall in-line with GDPR or something someday, but currently there’s almost no discourse related to privacy (yet everyone is losing their minds over tiktok)