Turns out the entities you control / regulate less, tend to do things that are less in your interest and more in their own.

The government has few uses for total surveillance, and almost all are obviously bad. Private enterprise has a million uses, most of them various degree of bad, but as a society we've been blind to this kind of badness for many decades now - for at least as long as lying in the face of your fellow humans and trying to hurt them materially has been considered a respectable profession.

Well, currently the free market is the government, while the nominal government is something less powerful than that.