The first key feature of the Panopticon is that the guards can observe the inmate at all times and he can't hide.

The second key feature is that the inmate can't observe the guards. He can't know who they are and can't even know if they're paying attention to him or not.

Yes, an here in lies the hypocrisy of our times where tech titans can have their information removed from public data sources (anyone remember the guy tracking Musk's plane?) while amassing staggering quantities of data about everyone else. Then have the gall to call for a "compromise" on their collection and selling of this data and our privacy.