It's probably not a grand plot at this moment. But yeah, it seems like I'm going to eventually be forced to involve a third party in my login processes, and it will come with not much benefit to me, and will come with a bunch of risks and downsides.

It might actually be net positive across the Internet, especially for the most vulnerable people. But at the same time, it could also easily become yet another source of sweet behavioral data ripe for abuse by big tech and government