Ahh, yes, the Randian ideology of the self-regulating data-driven, no-bullshit enterprise, because governments are Big and Bad and will stifle the hardworking man in their attempts to do right for society.
Real time data can certainly help with policing compliance, but the data is not the basis for the regulation. We don't need real time data to discover that disabled folks have a right to get around too.
I think governments still have a lot to do as far as taking decisions based on collected data. However, we're slowly getting there. But the politics surrounding the data will still be around forever.
For example, relaxing the traditional regulation in exchange for data.
Or, releasing the platforms for some types of intermediary liability in exchange for the data
Agree that absent of a proper incentive there's no way this could come about