Telecoms are skating on a fine line of "I can't take any more of this crap" to "I don't care enough about the crap I'm getting to cancel this". Apparently they're doing it well enough to make money.
I think it's a bit hyperbolic to claim that we as a majority of people will end up being sheep/cogs in a slaughterhouse in which our money is the ultimate goal. There is a tipping point, when that is though, I don't know. I just hope we can do get past this sort of thing without violence.