Earlier quoted context omitted.
I've been arguing for a long time that the "don't connect it to your network" defence was insufficient because sooner or later these devices will simply start including their own connectivity as well. Various other categories of device, notably cars, already do, and frequently abuse it for tracking purposes. My take on this is that we should impose the kind of draconian restrictions we have here in the UK on products…
"We collect viewing data when you use our TV in order to recommend other content you might like" will probably not really move the needle for most consumers.
But equally, maybe some people wouldn't be comfortable with, "This device contains a camera and microphone that are always on and an independent Internet connection that you cannot block. We cannot guarantee that the software in this device is 100% secure and we only guarantee to update that software for 12 months after the date of purchase. We do not control some online services used by this device and Internet-connected features of this device might break at any time with no way to fix them. There is a {regulator-imposed description/statistic} chance that someone will be able to hack your device, watch and listen to the area around it including other nearby rooms, and provide hackers with access to any other devices and activity on your home network. This device will upload information about what you watch and when to {names of business(es)}, which will use the data to profile you including guessing your family make-up, wealth, interests and vulnerability to advertising, and this information will be sold to {list of recipients} who may use it to {purposes}."