There goes the argument "if you're not paying for the product then you are the product" because ring and associated services aren't cheap.
Not really. If you aren't paying for the product, then you certainly are the product. If you are paying for the product, then you may still be the product, but you also may not. It all boils down in that case to how trustworthy and greedy the vendor is.
I remember buying a PS4 and still had to opt-out of data collection and then change like 20 settings on their bullshit social network I don't even want to use.
Windows 10 is paid and yet it has ads and insane data collection.