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I think that the FUD about the risks of enabling Sidewalk are overblown. Your Wi-Fi router is likely to be a greater security risk.
The real problem is the way it is being provisioned. I think Amazon made a mistake by having Sidewalk be an opt-out feature of their devices. That is just sleazy and adds to the paranoia over it. It will probably hurt them financially in lost future sales of Echo and Ring devices.
Instead they should have made it opt in with some benefit attached, such as a small discount on Prime membership, to offset the slight potential liability of enabling it. They obviously plan to make money off of sidewalk and should be passing some of the income it generates along to those who will actually be providing most of the infrastructure to support it.
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