Dutch person here with a little insight what's to come for you guys. Some information about our tiny little country (in Wester Europe, very pro-US) with just 17 million people. Our government listens in on more calls every year than in the whole of the US combined. All our telecommunications providers are forced to have the capability to intercept all traffic (phone and internet). Encrypted data must be stored for an…
I don't really get why governments would want to do most of this, it's mostly just a waste of money if they don't plan to establish a totalitarian regime. I mean, they collect all those phone records, internet records, they know your movement patterns, and now what? What good can you do with it for your citizen ?
For trading, he who has most data can get most in exchange for it. Sometimes, it's details about on-going deals between companies, where trading information might mean receiving information so one's national companies get a edge over foreign ones. Diplomats, airplane manufacturers, car manufacturers, oil companies are historical beneficiaries of information acquired by the NSA.
But leaders of nations also want information about their citizens. They need to identify other politically important people, influential groups, or where campaign money should (or not) be invested so that they get elected next election. With surveillance data, you can direct police forces to crack down on people or groups who would otherwise have an effect on election day.