The world watches as China implements its social credit system. Most of the world fears it, a small psychopathic minority covet it. From Josh Owens at safehaven.com via wolfstreet.com:
The system is based on character and concocted from big data and artificial intelligence algorithms.
China’s ‘Brave New World’ move towards a mandatory ‘social credit’ system for all citizens by 2020 has already blocked people from 11 million flights and 4.25 million high-speed train trips, according to Chinese state-run media.
While it sounds like an economic bust for transportation, state-run media are tossing the figures around as proof of the program’s success, with the Global Times citing a senior official suggesting that the form of punishment meted out by those with poor social credit would incentivize them to become better citizens.
The figures were said to be as of “the end of April,” though no starting point was mentioned.
Speaking at a credit development forum in Beijing on Saturday, Hou Yunchun, former deputy director of the State Council’s development research center—the center responsible for creating “Planning Outline for the Construction of a Social Credit System”—said the system was needed so that “discredited people become bankrupt.”
“If we don’t increase the cost of being discredited, we are encouraging discredited people to keep at it,” the Global Times cited Hou as saying.
The authorities have also used the social credit system to publish the names of 33,000 companies who have violated certain laws and regulations.
But the question is, what determines poor social standing?
China’s social credit system—which Western media have likened to the Netflix series Black Mirror—will “forge a public opinion environment where keeping trust is glorious. It will strengthen sincerity in government affairs, commercial sincerity, social sincerity and the construction of judicial credibility.”
The system is similar to a financial credit score, but based on character and concocted from big data and artificial intelligence algorithms. Upstanding citizens have high scores, while others (public nuisances, dissidents, etc) will be ostracized, marginalized—or kicked off trains and planes, for instance.
To continue reading: China’s ‘Social Credit Score’ Could Blacklist Anyone Inconvenient