This is a good point, but it should not go made without mentioning the fact that we need some standards around TOS/privacy policies. Just like for OSS we have licenses that are "known", we have the GPL (v1,2,3), AGPL, BSD, MPL, APL, etc. Many of us now know how these differ. I started believing in this idea when I first read it purposed in a comment here (i.e.on HN). Standards and git-like-versioning seems the only way to bring transparency to these large, seemingly-opaque corporations.
It might be interesting to put the largest internet companies' TOS and privacy policies on github.
It might be interesting to put the largest internet companies' TOS and privacy policies on github.