China’s ‘social Credit’ system fueled by artificial intelligence, and IoT is being enforced, creating a credit score based society. A moral ranking system has been developed by China for years to monitor the behavior of its enormous population – and rank them according to their “social credit.”
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In 2015, a government document announced that the “social credit system” was “an important component of the socialist market economy system and social governance system” and aimed to reinforce the idea that “keeping trust is glorious and breaking trust is disgraceful.”
Social scores may reward or punish citizens in #China
by @mvollmer1#ArtificialIntelligence #innovation #AI
Cc: @MikeQuindazzi pic.twitter.com/GcCT3akwON
— Ronald van Loon (@Ronald_vanLoon) May 10, 2022
The South China Morning Post reports that China’s economic planning team, the National Development and Reform Commission (NDRC), the People’s Bank of China, and the Chinese court system determine the rankings.
This artificial intelligence-based system can be used for both individuals and businesses. According to Wired, the private sector, including the burgeoning tech world in China, has its own non-governmental scoring system. According to the think tank Merics, Sesame Credit, owned by Jack Ma’s Ant Group, uses its own unofficial score system for its employees, such as studying their shopping habits.
CNBC reported that millions of Americans had participated in the program in recent years, and that it would be fully operational and integrated by 2020.