Earlier quoted context omitted.
I thought this was excessive and impossible, but as I was reading, I realized nowadays everything you say is technically possible. The future gives me the chills.
The likely outcome is that the phone system becomes massively more locked down. Your phone will only ring if the caller has a number which is backed by a real ID, particularly one from your own country. It will become increasingly difficult to contact someone you don’t have a legitimate connection to. The banking system will become increasingly fraud resilient with better real time detection of fraud. Your phone may…
We've had phone fraud for decades, and the system has dragged its heels forever. I genuinely don't know if even this will be enough to address phone spam.