Flock Safety cameras are automated license plate readers that capture images of plates along with a vehicle’s make, model and color. Police use the technology to investigate crimes such as hit-and-runs and to locate missing persons. Camera data is owned by the police department and permanently deleted after 30 days.
That's straight up misinformation, right? They capture way more than just license plates and vehicle details, police do way more than "investigate crimes" with them, and the data is absolutely not owned by the police department and deleted after 30 days.
But that's always been true under capitalism. It's just that in the past generally large capital expenditures have gone towards things the wealthy think will get them more wealth. There have always been capitalists who spend their money directing the economy to do what they want, rather than what the "market" wants. They just haven't had the majority of the capital being spent.
The last 50 years has seen an unprecedented concentration of wealth. The wealthy are literally a thousand times proportionately wealthier than poor people than they've been at any other point in human history. There's not much wealth to squeeze out of everyone else, so the economy is even more at the vain whims of those with all the capital as they look for things to spend it on.
Tech news has been reporting for literal decades that Apple, Amazon, Google, and similar have been sitting on giant war chests of profit with nothing to spend it on. Well, they've found something they want to spend it on, so they're emptying 20 years of profits in 5. They've now completely blown through those stores, and don't want to slow down, so now they're taking on unprecedented levels of debt. Something is going to give out and things are going to get bad within the next 5 years.