Creepy social credit System in China Analyses Internet Shopping Social Media Use Blacklists lazy Citizens Allows behaved to Borrow Money
CHINA’S ‘social credit’ system blacklists “lazy” citizens who get into debt or spend their time playing video games in a creepy initiative that could have come straight out of Black Mirror.
Analysing users’ social media habits and online shopping purchases, the nightmarish system also grants real financial credit to citizens whose lifestyles are deemed to be more wholesome.
While the social credit scheme will become mandatory in China in 2020, it is currently being tested in pilot schemes which have been rolled out through private financial companies.
The most high profile of these is Sesame Credit which has been developed by Ant Financial and uses computer algorithms to score people from 350 to 950, reports The Guardian.
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