We can have all the benefits without many of the downsides if we fixed the perverse incentives on harvesting data. Ban creeper glasses. Regulate and license these glasses as they should be used: medical assistance devices with strict controls on use of data.
The problem never was technological. The problem has always been regulating and limiting how people use tools in negative ways, from guns, cars, drugs, food, etc. For some reason we are blind to the idea of doing more of the same with big tech? This is long overdue.