Do you know what you are giving away, for example in privacy, when you sign or accept the EULA?

How many of you actually read every EULA you accept? Probably few if any of you read them.
Do you know what you are giving away, for example in privacy, when
you sign or accept the EULA?
read the article EULA Sell your soul
What is your reaction? Will you be more likely to read EULAs now?
Why or why not?
discuss 2 TED talks provided video link below:

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