It can, if we have responsible rules and regulations in society. This is what Europeans have had almost 10 years of debate and discussion on. They have discovered; they have come to a nuanced position. There's nothing extreme about GDPR in Europe. They figured out how they can be an open, innovative society as well as protect individual privacy and transparency to benefit their citizens. It is absolutely resolvable, but it takes responsible, expert, technical regulation, which is exactly what Europe spent nine years undertaking.
On May 10th, 2018. See this statement in context.