The problem is, this can still totally remind people of EEE (Embrace, extend, extinguish [1]). And appears to be not incompatible with it. And even if EEE is not your current strategy [2], the trouble is, it may become so
in future, even against your best wishes today. COOs/CEOs change, as well as kings do. Today's Benevolent Dictator may get ousted by some sneaky hostile takeover in future, or even just take an unplanned sabbatical in Tibet for reinvigorating their mojo. And may get replaced with a less enlightened one. That's kinda why e.g. people from countries with a history of communist or other authoritarian/totalitarian rule are sometimes wary of creeping surveillance tech even when their country is fully democratic now. A switch to a new authoritarian regime can sometimes happen surprisingly easy even in an apparent democracy. Many countries in the world seem to have given policy mandate to populist-ish chiefs recently, who knows how this will work out further down the line. That's why people fear centralisation of control and of power over infrastructure.
[1]: https://en.wikipedia.org/wiki/Embrace,_extend_and_extinguish
[2]: But then, sorry how this sounds, but pessimists tend to think, EEE perpetrators wouldn't publicly admit to it either...