> The market can't act against what it can't see. Privacy loss is often irreversible. I would add that the market can't act to prevent risks that are outside t

> The market can't act against what it can't see. Privacy loss is often irreversible. I would add that the market can't act to prevent risks that are outside the market and not taken into account by the market. The big risks from widespread privacy loss are the exploitation of private data by criminals, foreign unconventional warfare by terrorists or hostile states, and the rise of a totalitarian government here in the USA. Criminal action can to some extent be priced into a market, but the other two really can't be.