When you say private, I assume you mean proprietary. This isn't about HIPAA or PII but rather about trade secrets and the like. Companies are not panicking because no humans are driving that panic, and we aren't driving that panic because either:

- we haven't thought about it deeply, or

- we've thought about it deeply enough to understand that humans don't benefit when companies act as data gatekeepers.

In neither case are we likely to raise the alarm. If we let them, companies will play zero sum games over "intellectual property" ad infinitum while humans get nothing useful out of the relationship. We're better off when they compete on execution and worse off when they compete in court re: the ownership of abstractions, so there's no reason to encourage the latter sort of behavior.