That's a classic "road to hell paved with good intentions". The approaching reality is more like:
Imagine a world where to be allowed to use the Internet you will be mandated to run certain software, which reports your personal information to a company you are obligated to use, and whose use of that information is absolutely something you do not want.
Yes, the problem is indeed "who's using it". Unfortunately you aren't going to be able to decide either, and it will certainly be used against you.