And this ability is currently asymmetric. While Big Tech and Big Govt knows nearly everything about everybody, ordinary citizens are denied data and transparency. And even if the data may be hypothetically available, its scale precludes analysis by anyone except highly funded groups.
Lack of privacy does translate to enormous soft power. It doesn't have to result in death, although the potential is there for that too. Democracy and individual liberty become meaningless except on paper.
I'm not sure that's what we want, in exchange for a few conveniences in the palm of our hands.