The idea of absolute ownership is being eroded. You purchase a device but that device may use information you do not own. If you are manipulating the device to allow it to give you information you did not purchase and the contract you agreed to with the purchase was that you would not do this, then that is threatening. If what you learn by probing it allows you to breach the security of other people using the same service, then that is threatening.
If you are concerned about the device, I don't understand why we can't live in a world where you are able to vocalize that and give the device provider a chance for feedback before probing it for weaknesses.
If there is a security concern that you want to shine a light on, why is it that we need to address that concern in the dark? It is giving too much unnecessary overlap with people looking to exploit those security issues when we might not need to
What is threatening is that the company that sells baby monitors and keeps video recordings of your family members being naked has zero accountability for their security and almost no chance of being caught if they misuse it.
Trying to gain access to those video recordings by exploiting the device is still threatening too.
Don't install it in your home if you don't trust it. Don't buy things with terms and conditions where you dont own the device if you want to own the device. This is a different problem
You do not get to retain ownership and transfer liability. It's that simple. If you insist that you own the device, then YOU are fully liable for it.