Another interesting read with a similar message was published recently by Foreign Policy's editor in chief. While it concerns law-making in a world of ever changing technology, outpacing our ability to learn more about it before regulating it, it also includes a warning on how things are and will be developing for the worse if nothing is done soon.
http://www.foreignpolicy.com/article...umb_laws_cyber
As for 'big data' in general,
here's more of an optimistic/positive overview and
here's one questioning all the supposed benefits of it.