So if the goal is to discourage wide-scale collection of data without making it illegal, or at least to ensure that we benefit collectively from it, there's a much more obvious model, which is taxation. It's much easier to administer, and you end up with real money to do something with, instead of buying everyone a drink. Tax any company collecting, storing and analyzing user data some small amount, say, $1 or $0.1 or $5 per year per user-month of data stored, and use the tax revenues for ... something.

So what would that something be? Is there any obvious way to spend the revenues to further discourage tracking users and storing user data? Or would it be best to just plow it into the education budget or general fund?