a theory
A lot of conspiracy theories revolve around the ability to cover up any sort of leak, especially with rich entities, and this one is no exception. Things are leaked all the time, from bigger and more important places too. Valuable government documents and source codes are leaked more than often.
But even if Microsoft's data could be collected, to what use is it? That mandatory disclosure picture you keep posting deliberately leaves out the fact that it's specifically for court orders and protection of privacy. You make it appear like it is collected at all times or one a whim, despite being very limited. It's not a scam, it's cooperation with law enforcement and a means to protect you and themselves. Even if it was, it is never put to use as so that anything but a bot or probably an investigator will see. And I really don't care about that.
To continue to post that image, specifically cutting it off before the prerequisites of such data collection, is not very honest. With the full context, it sounds like something they are required to put stating how they work with legal suits and fraud, not another batch they collect at will.
I suppose this is just preference. No matter what, Windows 10 will get
some data, although with security settings at minimum (and no involvement in fraud) it is literally nothing but system performance. Just error reporting and data used to help keep your system running. And no matter what data they collect, it is basically impossible for a personal human eye to see it.