Right, but i think the scenario being imagined is more like some valley startup tried to capitalize on the tracking that already exists, and through the insane amount of investment money can profit share with restaurants that use their technology. It'll start about "selection satisfaction" and be used to create a profile to present the dishes you're most likely to enjoy based on your previous data. This will help people. Then it'll creep and creep and creep. After a certain time, the company pays restaurants to remove paper menus. And then everything goes to shit. Sure, certain restaurants will capitalize on the disdain by having paper menus and raising prices to match their novelness. But the general everyday experience of the average person will be worse, with more tracking, and less money.
Go ahead and say tinfoil hat, if i told you about the current state of streaming services or social media back in the early days of those existing we'd all say the same thing. The only barrier to entry to making the world worse is money. Every app i love, every service i use, my experience with the general internet, it's all gotten worse. And it's always in service of tracking and/or profit. So it's not hard to imagine a scenario where this is possible.
It's extremely difficult to not be cynical about the world. I really mean it when i say the social apps i have to use to keep up with friends have only gotten worse. There hasn't been a single improvement in over 5 years. Every update is more ads, more tracking, less human.