My take on the "all seeing eye" is as follows.

There exists a perspective continnum within which our consciousness, ideas and beliefs reside; let's call these forms. Realising this fundamental principle allows us to develope an understanding of our own forms, and that of others, within that continuum.

Where there is a perspective gap between two forms, meaning a difference, their is potential for both conflict and understanding. If we choose understanding we can reflect on another form and realise a potential for gain or knowledge that would otherwise be closed to us.

This is not a matter of simply observing another form. True insight involves seeing past our own inherent bias to reveal another's truth either outside or within the context of our own forms.

Plato's 'Allegory of the cave' comes to mind when trying to describe the above process.

If you understand what I am relaying then perhaps you can form your own 'all seeing eye'. The symbology is simple enough but the meaning, which is really about being able to extract objective wisdom from differing ideas and views, is not so easy.