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In a nutshell, doing surveillance costs resources.

Doing it for millions of online players costs big resources.

If being done actively, it requires having a person on the clock watching video feed (like paid security personnel). Imagine buildings full of personnel on the payroll for the purpose of monitoring potentially millions of individual video feeds. Can you? Don't bother; even the NSA doesn't have these resources. Federal agencies monitor traffic by higher probability sources and through hotwords that raise flags. They don't have the time or the tax dollars to monitor everything.

Non-active monitoring requires a recording system that monitors feed along with time stamps to be reviewed by personnel if anything out of the ordinary happens within range of the camera feed.

The only time using resources to do this is for security purposes and catch criminal activity on recording. It costs time and money. For the purpose of monitoring over a network connection, it also costs bandwidth in addition to server storage space.

SCE is not going to waste all these resources so they can watch you flail your arms or swing a controller around in front of your PSEye for no purpose other than the amusement or boredom of the people they'd have to pay to monitor video feeds.

Theoretically it's possible. But in actuality, nobody cares enough to bother doing this, even if it were.

If you're that insecure about being captured on video feed, then I recommend not stepping outside your home. Cameras are used for monitoring traffic, public buildings, federal buildings, small businesses, etc. etc. You're being recorded on a regular basis every time you're out in public.

Does it matter? No. Only if something happens within the time frame you're being recorded and the video records are reviewed.

Otherwise; nobody cares. You're not that important.

Have a problem with the minute possibility of being "spied" on at home? Just skip the use of netcams if you feel you're important enough to have someone being paid to monitor you play games.

Want to play anyway? Then just turn off your network connection while you do. Not difficult.