Imagine a world where many of your daily activities were constantly monitored and evaluated: what you buy at the shops and online; where you are at any given time; who your friends are and how you interact with them; how many hours you spend watching content or playing video games; and what bills and taxes you pay (or not).
It's already getting underway in China, where the government is developing the Social Credit System (SCS) to rate the trustworthiness of its 1.3 billion citizens. The Chinese government is pitching the system as a desirable way to measure and enhance "trust" nationwide and to build a culture of "sincerity".
For now, technically, participating in China's Citizen Scores is voluntary. But by 2020 it will be mandatory. The behavior of every single citizen and legal person (which includes every company or other entity)in China will be rated and ranked, whether they like it or not.
Individuals on Sesame Credit are measured by a score ranging between 350 and 950 points. Alibaba does not divulge the "complex algorithm" it uses to calculate the number but they do reveal the five factors taken into account. The first is credit history. For example, does the citizen pay their electricity or phone bill on time? Next is fulfillment capacity, which it defines in its guidelines as "a user's ability to fulfill his/her contract obligations". The third factor is personal characteristics, verifying personal information such as someone's mobile phone number and address. But the fourth category, behavior and preference, is where it gets interesting. Alibaba admits it judges people by the types of products they buy.
http://www.wired.co.uk/article/chinese-government-social-credit-score-privacy-invasion
Thing that you see is developing capitalism inventing methods to survive little more.
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