The issue here is: is it right for the police to be able to perform physical surveillance of an individual? It's a yes or no question, regardless of what use the police make of technology. If you think the police shouldn't be able to follow you around to see what meetings you go to, which they can do now without a warrant, then it shouldn't matter if they do it with their feet or by automatically capturing and recording license plate numbers.
Technical capability doesn't alter the definition of right and wrong. This is why we should think through laws and rules carefully, so that they apply not only to the present, but to how things might be in the future. If it turns out that we need new laws, then there's a process for changing them. But I don't think that we should let the technical trends of the moment alter how we view our basic principles.