Yes. The newest version of “your papers, please,” circa 2012. See how easy it is to be maneuvered into accepting government control in exchange for not being inconvenienced?
What did I give up in exchange? $100. Nothing else. All of the information on the Global Entry application came straight from my passport. And TSA pre-check is simply an extra benefit.
I don't like the TSA any more than anyone else. But, this is one program that makes sense: they aren't wasting their time on people that they have already screened, repeatedly.