I think that cycle will break one day.

It's easy to trust a corporate overlord with your pictures or your email, because the immediate damage doable by somebody who has compromised those things is relatively low. Privacy is important I guess, but not when compared to things like whether your car or your insulin pump does what it needs to to keep you alive.

Eventually, the bad guys will be sophisticated enough, and the tech will be integrated enough, that it's no longer safe to trust economic incentives alone. You're going to want your sysadmin to share your interests (in a more specific way than you get from they-also-like-money).