Eg., pro-privacy is portrayed as "anti-business" when in fact the opposite is true. Creating masses of digital homeless people that have no "digital real estate" because whatever value in their digital footprints is immediately confiscated is not exactly the road to riches.
Extrapolating 'privacy is dead' means bank privacy (and financial privacy more general) is dead - somebody will always be frontrunning you and stealing any of your potential wealth. It also means that health privacy is dead (somebody can and will exploit your physical condition for their own gain) etc.
The logical conclusion is the segregation of society into hordes of data-transparent non-entities at the bottom and a minority of data-opaque overlords on top.
All in all an absurd, exploitative, deeply anti-human system that can only be compared to a regression to a slave society. It may yet come to pass and "flurish", to the extend that it can suppress the inherent instability of such an arrangement.