Yes. This isn't just a spy camera, this has a cellular device that lets it upload or stream on the fly, this is big brother-esque secret monitoring of the public. I'm sure it was there to watch a particular suspect or event, but in capturing images from a public area, it is also monitoring innocent people and can be used to target people not suspected of a crime for any seemingly anti-social behavior. It is what it is, don't dilute the reality of modern technology. We're fucked in terms of monitoring, just work with/against the system as best you can to survive. I've got a magic machine in my pocket that can tell me just about anything on any subject that I can ask it about 24/7, and broadcast and receive video and audio on the fly. In 1984 it was 'telescreens' along the line of TVs that watched people, in the real world it turns out to be a more subtle, smaller device, your cell phone. (Not to dismiss webcams on laptops, etc.)
I'm don't ascribe to conspiracy nuttery, but I do try view it as matter of factly as possible, this is just simple, easy observation with a hint of logical deduction and inference.
We're in the future now, it's awesome and scary and has the potential for grand leaps of knowledge and human progress or horrendous destruction of civilization.