Sure, there are sensible things that could be done with this. But given the background of the people involved, the fact that this is yet another clear profit-first gathering makes me incredibly pessimistic.
This pessimism is made worse by reading the answers of the founders here in this thread: typical corporate talk. And most importantly: preventing the very real dangers involved is clearly not a main goal, but is instead brushed off with empty platitudes like "I've been a FOSS guy my entire adult life...." instead of describing or considering actual preventive measures. And even if the claim was true, the founders had a real love for the hacker spirit, there is obviously nothing stopping them from selling to the usual suspects and golden parachute out.
I was really struggling to not make this comment just another snarky, sarcastic comment, but it is exhausting. It is exhausting to see the hatred some have for people just owning their hardware. So sorry, "don't worry, we're your friends" just doesn't cut it to come at this with a positive attitude.
The benefits are few, the potential to do a lot of harm is large. And the people involved clearly have the network and connections to make this an instrument of user-hostility.