(Opt-in telemetry is much more reasonable, if it's clear what they're doing with it.)
Options to disable crash reports and anonymous usage info are presented prominently when Zed is first opened, and can of course be configured in settings too.
I am deeply disappointed in how often I encounter social pressure, condescending comments, license terms, dark patterns, confidentiality assurances, anonymization claims, and linguistic gymnastics trying to either convince me otherwise or publicly discredit me for pointing it out. No amount of those things will change the fact that it is spyware, but they do make the world an even worse place than the spyware itself does, and they do make clear that the people behind them are hostile actors.
No, we will not stop calling it what it is.