I have been with a few companies as an engineer, and can at least confirm that you are right from my experience. Nobody really needs a backdoor to get massive amounts of data. The ToS for most software makes it so they can already do whatever they want with it. It’s pretty easy to get a lot of data just by having people use their services normally.
It’s difficult to monetise data if you source it illegally (except in China maybe). Nobody reads the ToS anyway so it’s not like you need a backdoor.
I have been with a few companies as an engineer, and can at least confirm that you are right from my experience. Nobody really needs a backdoor to get massive amounts of data. The ToS for most software makes it so they can already do whatever they want with it. It’s pretty easy to get a lot of data just by having people use their services normally.