But if you encrypt it so nobody else can read it then the big bad companies of evil will still need to collect your data individually - which brings us back to the initial point, but now with a blockchain for some reason
Yeah, and even if they can't sell collected data because we all agreed to just put them on a blockchain aggregates and whatnot will still be valuable assets.
This isn't an issue that can be solved by technology. It will need regulation/laws and I don't see that happening.
Bitcoin != blockchain. Technology exists [1] to store data on the blockchain in a private manner without sacrificing its decentralized nature.
[1]: https://www.getmonero.org/resources/moneropedia/ringCT.html