I don't know that I really have a better option, but I do have some parameters that I would really like to see.
My position is that there should be no expectation of privacy when you're in public but there are obviously issues with that. I think there should be a distinction between private photography and recordings and official ones though. Someone taking a video of their kids playing in the park shouldn't need to get consent from every person in the park who may end up getting recorded. Even private security cameras such as doorbell cameras should be okay even if the recording includes public areas near the home like the street or sidewalk.
Posting said recordings online is another matter. Say I take a video of my dog playing in the park and post it on youtube because I think it's cute. Now let's say that the video includes other people in the background. I think that should be fine if the people just happen to be there in the background. On the other hand, if I post the video with the intent of pointing out the people in the background and mocking them, that is a whole other issue. I think that should fall afoul of some sort of revenge-porn like law. People should have a right to the direct use of their image in a public venue but not an absolute right that would make it illegal to post their image or even their voice as an incidental background feature.
Having said all that, I do not approve of the use of cameras by government or law enforcement unless it is part of an existing investigation and a warrant has been obtained or as part of standard (and universal) use of body-cams. Police, and the government in general, should not have networks of surveillance cameras monitoring everyone all the time. Neither should police be able to access private or business security cameras without valid probable cause or a warrant. Recordings made by members of the public for their own entertainment, news reporting (whether they are a paid reporter or not), or security purposes should be considered completely separately from government or police recordings.
I have no idea if this idea could be effectively legislated, but in my perfect world, this is how it would be.