I look forward to what happens to cultures when it is impossible to be an asshole without ending up on Youtube -- especially violent crime will be impossible, when a large portion (10%+) of the population have logging of what they see.
(It would also need fast uploads, preferably triggered by e.g. pulse increase if not exercising, so criminals can't just destroy the logging mechanism.)
Disclaimer: I don't know if I will like or approve of the effects, just that it is an interesting thought experiment. There are lots of benefits/disadvantages. For positive ones, think Russian car cameras and meteorites; catching one-in-a-billion events. For negative ones, consider when someone is very stressed out because of a loved one's death.
Edit: Thanks eterm, but effects on culture are certainly way too complex to predict.