Is Silicon Valley Building a Chinese-Style Social Credit System? Published on September 01, 2019 at 10:10AM schwit1 shared this thought-provoking article from Fast Company: Many Westerners are disturbed by what they read about China's social credit system. But such systems, it turns out, are not unique to China. A parallel system is developing in the United States, in part as the result of Silicon Valley and technology-industry user policies, and in part by surveillance of social media activity by private companies. Here are some of the elements of America's growing social credit system. - The New York State Department of Financial Services announced earlier this year that life insurance companies can base premiums on what they find in your social media posts... - Airbnb can disable your account for life for any reason it chooses, and it reserves the right to not tell you the reason... - You can be banned from communications apps, too. For example, you can be banned on WhatsA...
Stay Up-To Date With Latest Trends and Breaking News