You can make this argument about literally anything. Should your tires contain GPS trackers and share that info with their manufacturer on the off chance that you sped, drove on the wrong surface, or there was a manufacturing defect that could possibly lead to an accident?
This shit needs to stop. It's getting out of hand fast. In just a few years, literally every powered device we own will be logging video, sound, location, and network traffic in real time continuously. What's to stop equifax from leveraging all this new info for credit reports? Insurance companies for premiums? Lawyers for civil defense? Class action lawsuits? Police? Divorce proceedings?
We are not heading in a good direction here. A police state is bad in and of itself, but swapping the police with a "free and unregulated market" is infinitely worse.