The Scam of the "SMART" Grid

Many things are looked over from this. SMART is a lucrative word and GE(General Electric) has made a ploy with it. The SMART grid.
1. SMART Grid gets rid of numerous employees. Automations doing jobs. But still the same price for electricity?

2. Power company can turn off random appliances at a click of a button. So they come into your home and turn off things? What else are these SMART devices(Refrigerator, AC) doing?

3. What information does theses transmitters send to the power company?