I don't think shareholders really demand anything, most of the time. So much of the market is just passive 401k buckets.
This feels like a pathology of board/C-suite culture, something that they feel like they "have to" do, rather than actual angry letters from Joe Shareholder in Des Moines demanding more user data farming.
At least in the case of United, we did see shareholders write angry letters when they temporarily became slightly less aggressive denying customers coverage. If that's the level of care for matters of life and death, why wouldn't it generalize to surveillance?
This feels like a pathology of board/C-suite culture, something that they feel like they "have to" do, rather than actual angry letters from Joe Shareholder in Des Moines demanding more user data farming.