Ultimately, what would such a system be optimized for? The goals will be modulated by the persons or groups in power. From what I've seen, the powerful in China seek a stable, well behaved, productive workforce such that the profit from their labor can accrue to the benefit of the ruling class. A data collection system as pervasive as the social credit system that feeds into a self-optimizing control center that can…
You give them too much credit. There is no such fine grained control. Its more like an ant hill or an endocrine system.
China's social credit system is both unique and part of a global trend
41–50 of 195 posts
Re: China's social credit system is both unique and part of a global trend
#42How is this, in principle, different from the credit scoring system in western states? Lenders, banks, landlords, employers, insurance companies, utilities and hell even your cable company can assess the level of service rendered to you based on your score. I'm not saying China's system is identical to a FICO score -- but one would be remiss to not see the parallels in the intention of both systems.
Re: China's social credit system is both unique and part of a global trend
#43I’m pretty sure Equifax et al aggregate this info as well (well perhaps not yet your trash-sorting) such as arrest records and probably social media activity as an option, or future option, to swizzle into credit rating.
False, Equifax does not have access to all of facebook chat records. China has access to WeChat.
FB scans and processes all FB messenger traffic as does Twitter DMs (unlike, say, iMessage or, currently, SMS). They use the info for the usual customization, profiling, and ad sales. I don’t believe they sell the actual data itself but really there’s no reason why not, or why they couldn’t sell scoring info to the big guys.
And now I think of it, FB, Google, and Amazon could easily buy those bureaux (each could buy one) to supercharge the rating system in both directions. It would be like Google’s purchase of doubleclick.
Re: China's social credit system is both unique and part of a global trend
#44How is this, in principle, different from the credit scoring system in western states? Lenders, banks, landlords, employers, insurance companies, utilities and hell even your cable company can assess the level of service rendered to you based on your score. I'm not saying China's system is identical to a FICO score -- but one would be remiss to not see the parallels in the intention of both systems.
This is a weak equivalency, akin to saying they're equivalent to school grading systems, simply because they assess a level of service in regards to studying.
FICO is a financial measure meant to assess risk for certain financial transactions - the domain is pretty limited.
Re: China's social credit system is both unique and part of a global trend
#45I’m pretty sure Equifax et al aggregate this info as well (well perhaps not yet your trash-sorting) such as arrest records and probably social media activity as an option, or future option, to swizzle into credit rating.
Your credit rating doesn't affect your ability to go to a concert or buy an airline ticket.
Those “share” buttons on web sites allow the big aggregators to connect accounts on various sites.
Re: China's social credit system is both unique and part of a global trend
#46Earlier quoted context omitted.
>private sector credit systems have the same or similar result in dictating outcomes I don't know how anyone can say this with a straight face. In the west you can be bankrupt and still buy a first class airline ticket or go to a concert or do damn near anything else so long as you aren't using credit to do it.
you meet many bankrupt people on luxury cruises and first class airline tickets? What's astonishing to me is how we in the West have created this metaphysical alternative reality where poor people are taught to think they have the chance to live in mansions or fly on luxury airlines, if it weren't for the fact that they're poor, of course. In contrast to the cruel Chinese, we also have majestic legal equality, where…
The only logical alternative would be that millionaires and poor to be unequally punished for sleeping on park benches.
How's that better?
Re: China's social credit system is both unique and part of a global trend
#47I’m pretty sure Equifax et al aggregate this info as well (well perhaps not yet your trash-sorting) such as arrest records and probably social media activity as an option, or future option, to swizzle into credit rating.
False, Equifax does not have access to all of facebook chat records. China has access to WeChat.
Re: China's social credit system is both unique and part of a global trend
#48Earlier quoted context omitted.
False, Equifax does not have access to all of facebook chat records. China has access to WeChat.
I was thinking of public FB, Twitter etc activity. But you raise an important point. FB scans and processes all FB messenger traffic as does Twitter DMs (unlike, say, iMessage or, currently, SMS). They use the info for the usual customization, profiling, and ad sales. I don’t believe they sell the actual data itself but really there’s no reason why not, or why they couldn’t sell scoring info to the big guys. And now…
Re: China's social credit system is both unique and part of a global trend
#49I’m pretty sure Equifax et al aggregate this info as well (well perhaps not yet your trash-sorting) such as arrest records and probably social media activity as an option, or future option, to swizzle into credit rating.
False, Equifax does not have access to all of facebook chat records. China has access to WeChat.
But in the US it is preferred that such systems be assembled in the private sector and not restricted in a way that government oversight would be.
Re: China's social credit system is both unique and part of a global trend
#50Ultimately, what would such a system be optimized for? The goals will be modulated by the persons or groups in power. From what I've seen, the powerful in China seek a stable, well behaved, productive workforce such that the profit from their labor can accrue to the benefit of the ruling class. A data collection system as pervasive as the social credit system that feeds into a self-optimizing control center that can…
You give them too much credit. There is no such fine grained control. Its more like an ant hill or an endocrine system.
"It will allow the trustworthy to roam freely under heaven while making it hard for the discredited to take a single step"