If you have too much debt and bad credit, it may be tough to get credit cards and loans. The idea is that people less likely to pay pack lenders get less credit.
Well imagine if there was a social credit system. But it was the government that used it to decide who could travel, or live in certain apartments. Imagine if your social credit was too low to send your kids to a private school, or get a better job.
But what kind of behavior would warrant such a score?
China is about to answer all our questions.
The country has a pilot program for a social credit system. The government will rate citizens based on how loyal they are to the state. Already almost 10 million Chinese citizens have been blacklisted.
The Chinese government has ultimate control over their citizens’ lives because almost everything requires the national ID card. And the number assigned to citizens can simply be restricted for whatever the government wants to take away.
The Chinese media refers to those on the list as deadbeats.
Chinese citizens will be rated on their real life and online behavior for things like patriotism, hard work, and avoiding materialism. The system will aggregate all available data, taking into account what books citizens read, what they buy, and how long they spend playing video games.
Bad social credit would eliminate the possibility of starting a business, staying in luxury hotels, and buying or renting property.
Not only will big data be used to rate the citizens, China will also rely on peer ratings. It is the ultimate social governance; making citizens police their neighbors.
By 2020, adults will all have an assigned social credit score in addition to their identity card.
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