Better solution.
Data are owned by the generator. Only they can sell it etc…
This also solves the privacy problem of law enforcement agencies applying warrants to phone companies etc. for access to your data, which has been an end-run around 4th Amendment rights for decades.
I’d say it also needs to be entirely optional and be opt-in only. Any service, program, whatever needs to work fully for anyone who doesn’t allow their data to be sold or released with extremely few exceptions.