About recordings being stored -- there is literally no way of knowing if that's happening or not. But in my view, it's not a relevant point anyway. The important data about the recordings is being stored (otherwise why make the recordings?).
I object to the notion that it's OK for companies to spy on my without my consent, and that objection is exactly the same if it's an individual doing the spying rather than a company.
Your prediction may end up coming true. If so, I need to figure out how to exist in a world where I can no longer communicate with people candidly in any setting.
We really are building a dystopia here.