I have two main concerns here, one is that I can't see how it would benefit a corporation to allow for either transparency from the lawmakers or from the general public, or maybe that is just me projecting a negative stereotype on corporations??
My second concern is that of either governing bodies or corporations being able to gather profiling information or even just enough info to be invasive to our privacy with SPAM?
Even with networks like this one (Tribe.net), are we creating a very easy to use profiling network?
We are told it will find you jobs. It will find your old friends and help you make new ones. It will let you discuss the things you are interested in and be able to find lots of new things you might be interested in. The consequence is that already anyone can log on and use this freely as a marketing, solicitation and profiling tool.
This is all fine and dandy while it is a somewhat closed network of like minded people, while as it grows and becomes more handy for you to use, not only does it become less personal, but it slowly takes the form of a monstrous personal privacy invasion tool.
This leads me to the following conclusion; be aware of your online persona and what you let others know about you online, this does make it a less personal space however my personal paranoia feels safer in a closed network of trusted friends.

Transparent means you can't see it - it's there, but you don't need to know about it or see it.

That's how the networking infrastucture should be - something you can rely upon, but not have to worry about.