There is a solution: Fully Homomorphic Encryption (FHE). However, it's unfortunately not practical yet with current hardware (and it's unclear if it will ever be). Meanwhile some partially homomorphic schemes might address specific applications (say for instance a 3rd party provides an encrypted list, I believe there are nearly-practical algorithms to sort this encrypted list information leaks).
Trusted platforms are pretty interesting IMO in their ability to essentially provide FHE by means of tamper-resistance instead of mathematical security. Objections should be more directed at the control of keys being with Intel; maybe some other orgs should be in charge, maybe there could be a number of trust vendors you could choose, or at least veto (and allow external users of your external platform to choose). Something more in line with TLS authentication: we all need to trust 3rd parties to use the internet, and nobody protests -- with good reason. It's a well designed, open, decentralized system with good oversight.
Trusted platforms are pretty interesting IMO in their ability to essentially provide FHE by means of tamper-resistance instead of mathematical security. Objections should be more directed at the control of keys being with Intel; maybe some other orgs should be in charge, maybe there could be a number of trust vendors you could choose, or at least veto (and allow external users of your external platform to choose). Something more in line with TLS authentication: we all need to trust 3rd parties to use the internet, and nobody protests -- with good reason. It's a well designed, open, decentralized system with good oversight.