That's literally a bog-standard privacy policy clause.
You can find the essentially same four points on everything from Ubuntu to Wikimedia.
Can you be more specific about which part of it you find particularly unreasonable? Can you explain how the claims that the privacy policy allows MS to share data with the MPAA are founded?
Normally these kinds of terms appear on web services where the scope of disclosure is contained to the information you upload to the service (e.g. repos you upload to Github or posts you make to Reddit). Windows 10 is fundamentally different because the scope becomes everything the OS can suck up including everything on the hard drive and keystrokes from the keyboard.
You no longer have the option not to disclose something because anything that shows up on the PC may be fair game. Privacy is all about controlling who gets to see what information. Windows 10, being an OS, removes your ability to control what is shared in any meaningful way with its privacy policy.
> Can you explain how the claims that the privacy policy allows MS to share data with the MPAA are founded?
The MPAA could be a Microsoft "customer" that needs protection from piracy. The MPAA could run a service with Microsoft that needs protection from being "defrauded". There are holes in the policy large enough to drive a fleet of buses through.
No that's not , and what is shocking is that you find it "perfectly reasonable".