An not to push my favorite TV show that doesn't involve aliens from outer space too much, but recent advances in AI are changing the equation here, making Person of Interest even more accurate and relevant than it already was.
It's all possible.
It's all scary - until one is the victim of a crime and the police don't think it's worth following up, or the presiding judge decides your time and suffering is less important than the future prospects of the criminal.
The cameras are not there to protect you from crime, they're there for control, to protect the CCP from the people.
I'm not principally against surveillance for public security but it's very hard to not have it abused - for a start you need authorities and a police force that have good intentions and work for the people, not against them. In most countries that's not a given.