Earlier quoted context omitted.
The problem is that people who understand the value of privacy are probably less than 1% of the total population. The rest don't understand or don't care and they are the target consumers of the said corporations. So simply logging out of Facebook or start buying Apple products yourself is not enough anymore. For the same reason I can't buy your prediction about next big successful companies, even if I would like to.
I feel the common rhetoric here is to dictate people what's ok and what's not under the assumption they don't understand. Many people (including myself) are fine with the price we pay for free online services and understand the downsides. I really don't mind companies trying to show me more relevant ads by tracking and analyzing what I interact with in return for most of the products I use being free. Obviously a lar…
What about insurance companies providing you a quote based on your online habits? Browsing car modification forums and then all of a sudden your car insurance goes up.
What about location based privacy?
What about government powers being able to exploit existing advertisement data infrastructure for law enforcement purposes?
Sure, seeing a new camera ad on instagram is harmless but the overreaching possibilities of sacrificing privacy are deep, profound for the society. There are so many aspects, I've just put forth a few above.