I think the problem with this is assuming the incentive is to do good for humanity. That’s never the case, or better saying, that’s never what prevails. Possibilities are always gamed to profit or power gain. The same way a medical system is corrupted so that surgeons make unnecessary surgeries to earn more regardless of the risk you take (in a context where medicine is all about human life, hence “good”), I don’t trust any organization scanning everything you do and everything you have for the “good of humanity”.

Even science institutions have been turned into tools for power, despite modern science starting as a method for curious people to understand the world and sharing their discoveries with other like-minded people.