The engineering feature is designed with pure intentions, keep crap out of the results stream, but the mechanism is amoral. If you're executive team wants to exploit it for more money so that the company does better financially, your options are limited as an engineer.
They could have implemented telemetry without requiring you to link your graphics card to your email or Facebook account, as GeForce Experience never required that in the past and still worked fine.
This isn't execs using innocuous data that the good engineers simply happened to have. This is new and specific personal data collection and association of information that they have no business collecting, except for the sole purpose of invading their users' privacy for side profits.
Remember that it's not just games, but your web browser, media players and anything that might use hardware acceleration runs through these drivers, which then reports back to nVidia. Plus, all telemetry data is unencrypted during transmission.
On the plus side, it looks like this is only transmitted back to the mothership if you're running GeForce Experience, which I don't think is even available on Linux.