I know I'm in the vast minority on the internet, but these changes will be OK for me. I have a steady internet connection that rarely if ever goes down for more than a day, and I don't carry my console around to places where I can't or don't want to hook up to the internet. Renting, borrowing, and lending games is something that I rarely do with my 360, and I didn't expect that to change with the next generation, either. And I never sell them.
It should be noted that this isn't just restrictions; there ARE benefits to this new system. Having a digital copy of every game you own stored in the cloud means you don't need to carry discs around when you play on someone else's X1; more significantly IMO, you can still play your game EVEN IF YOUR DISC BREAKS. That's huge. I do my best to take care of my discs, but stuff still happens; I noticed a crack in one of my games just last week, and I didn't abuse the disc at all. It's in the middle of the disc now, but if it ever extends further outward, my game will be useless and I would have to buy another one. With Xbox One, I'd never have to worry about that again.
But for some people, that isn't a good tradeoff. Maybe renting/borrowing is too important for them to give up. Maybe they can't stomach the thought that they are buying game licences rather than games themselves (though I would point out that this is a common practice with computer software, including games on Steam, that people rarely complain about). Maybe they simply don't have any internet connection available to them. If the tradeoff isn't good for them, that's their decision, and I don't certainly don't see anything wrong with that.
One last thing worth mentioning; many of the things Microsoft is doing can be easily changed, because they aren't tied to hardware. Through updates they can easily do things like extend the time between online verifications or add a lending/borrowing/renting system, just to give a couple examples. It's clear that a lot of people are unhappy with these new policies, and if Microsoft feels they need to change them, they can. I'm not saying that you should expect them to change, nor am I expecting that you will trust that Microsoft will listen to you. I'm simply stating what is technically possible.