True. Good point. But is information asymmetry becoming larger or smaller? I would argue that it becomes smaller, but I have nothing to prove it.
An anecdotal example out of my memory, is Kofi Annan saying in an interview, that he started to use Google, more and more instead of having to ask his assistants. Another example are journalists, able to uncover secret CIA locations with Google. Or a single whistleblower, Edward Snowden, able to leak a good part of the NSA's secret operations with just a USB stick. Sure, the NSA has more knowledge than ever. But the average Internet user, too, has unprecedented access to personal information of strangers. Just knowing your real name will likely allow me to find your location, employment, a picture of you and much more. So has the information asymmetry between us and the NSA grown or shrunk?
I think the asymmetry is becoming larger. Certainly in absolute terms we all have more information about one another than we did before, but the problem now is not having the information, it's searching through it to find the relevant information. Or being able to act on the information.
What can you as an ordinary individual do with a publicly available list of corrupt government officials? What can a corrupt president or FBI director do with a publicly available list of political opponents?
I find the logic of Schmidt and Zuckerberg to be extremely self serving, where can we know all the details of their online and offline life, like they seek to know about ours?
Death of privacy indeed, but for who?