I would not be against digital transparency (on social media etc., not your search history or private communication), if we lived in an utopian society, but as things stand, the "system" is abused by the elites & corps.

Therefore if, if this were to pass now & you did anything they don't like, they will be able to stop you even easier & likely fully. It would completely rob us of the ability to fight back. E.g. posting something about a politician being corrupt or a corp evil & instantly getting sued for reputational damages, insulting an official etc.