It's really like that nowadays. As I become more and more aware and learnt, I started reading privacy policies of products. All of them have blanket statements. They claim ownership of any and all data they'll access for functionality. So I stopped reading them. I implicitly agree that any product I use can and will use all the data I hand over to them. I only think if it's a beneficial trade for me.

This has gotten to a point that we cannot let free markets resolve this, it requires government regulation and laws. I'm fortunate enough to live in EU.