We detached this subthread from https://news.ycombinator.com/item?id=23168492.

Counter-counterthought: This does not fly; an enslavement or organ sale contract is invalid and unenforceable under U.S. law regardless of whether one may deem that the signer deserves it because we acknowledge that even entertaining the option causes a substantial societal harm merely by enabling the possibility of abuse.

I'm fairly certain this falls into the same vein. Even if not, there is likely no compensation being offered to the employee over and above their employment for what amounts to a "rental" of their personal device, which is not an asset of the company. The proper course of action on the employer's part is to enter into a good faith negotiation with the employee to come to an agreement on terms and conditions for leasing their personal equipment to the company which the employee is free to stipulate concessions and compensation, and dictate T&C's for, or the company pays for hardware to configure and issue as it pleases.

This is not new or unprecedented. This is how stuff has always worked. The difference is the degree to which management are now technologically enabled in terms of their indulgence of their personal neuroses.

No they don't. They have two choices; quit or be fired. Personally, I would quit, but I've got that type of personality. Others can't just up and quit so they comply.