I don't think it's that much of an issue if each person has a video record of stuff they've seen. I mean, we already have this in a squishy lossy human way.
Where I do think it's an issue is when every person's viewpoint is piped back to the Borg mothership.
I think it's suicidally bad for this to become the default norm for human interaction. Among strangers it's a horrible idea, and among loved ones, a thousand times worse.
If social interaction has begun to feel rigid and sterile already, this sort of thing represents a deep freeze beyond anything we've ever experienced.
Everything points to confession and contrition now. Emotions become bottled and pressurized. Stiff behavior modification leaves no release valves.
Go ahead and experiment with this, if you don't believe me. I'll check out, without hesitation. I'll take my business elsewhere, anywhere.
Where I do think it's an issue is when every person's viewpoint is piped back to the Borg mothership.