Better everyone than the NSA, in my opinion. My concern about the abuse of privacy has always been that it's one-way power imbalance and a corrupting force on the US government (which is hard to deny at this point). A tool of oppression. This is why even as they argue that our secrets our worthless and we shouldn't be allowed to hide them from the government, since we have nothing to hide if we've done nothing wrong, they need to be allowed to hide everything - we have no permission to know what they are doing, although it is ostensibly on our behalf.
Now, since alway doesn't seem to understand ethics or the role it plays in government, I'd like to touch on that a little bit. Ethics, they are a weird thing. With the right incentive, it's in no ones own best interest to behave ethically - they are almost guaranteed to engage in unethical behaviour. However, it is in most people's best interest for the vast bulk of other people to behave ethically. As such, in the United States we have built-in-adversarial systems, checks and balances, conflicting incentives and public exposure.
It is never in the best interests of Congress to do what benefits their constituency unless that constituency has some leverage that incentivizes them to do so. It is not in the best interests of the President to follow Congress's restrictions and laws and limitations, unless the system is designed for that to be so. It is not in the best interest of a Judge to rule against his employer in a situation where he can be removed without anyone ever knowing of the injustice, so we guarantee a right to public trials and leave determinations of guilt to a jury made up of the public. The police want to be able to acquire and use evidence however they wish, but the courts disallow evidence acquired in violation of the law.
People are not naturally inclined to act ethically when they benefit from doing the inverse. Very few people are Edward Snowden. And so we try to separate things. We try to insure that there are sufficient incentives to encourage ethical behaviour in others because it is better for ourselves if they behave ethically, by developing systems where unethical behaviour is no longer profitable or possible and where the incentives result in a system that acts the way we want it to - because otherwise our own personal actions will likely end up being unethical, since the alternative is a system that rewards those who act unethically.
When you give people power without oversight, and strong incentives to behave poorly - when we wrap things in secrecy and set up incentives that invite abuse and unethical behaviour - we are damaging the entire system of government under which we are supposed to operate, hurting not just our principles but the long term success of our society. We are building a society where we cannot trust those in power, because we know they work within a system that encourages them to act against our interests. The NSA is just a single system of that problem, but it cuts across our government in many ways now, and it is one of the most serious. We cannot even trust it to be reformed, because the incentives that created it in its current, bloated, immoral and abusive state are still exactly the same.