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Powerofmene | 8 years ago

This is scary to think about. Imagine if private companies provided our government information and the totality of our communications and purchases, or even content of private conversations or prescriptions that you filled determined a “trust level” and that this factored into whether we were accepted by a college or determined if we were eligible for loans etc. This would change the course of each life without question.

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jlgaddis|8 years ago

Imagine it? It is already being done, although not to the extent it is being done in .cn.

geggam|8 years ago

I think we are closer than you would imagine. Work in the marketing industry then shift over to master data management.

There is little companies do not know about you and the govt is 1 of the largest consumers of the data.

analyst74|8 years ago

You mean the credit system we have here in US, which allows you to borrow money from banks at a low interest rate, buy a car/house with little down payment, or even rent a place without having to prepay 6 month rent?

Yeah, I think every country needs it.

Powerofmene|8 years ago

And then when we have a change in control in our governments administration the rules also change, as does the formula for calculating this rating. We will have a never ending target you cannot hit regardless of how much you try....just when you think you are getting close to your target score or rating the equation changes.

dredmorbius|8 years ago

And why is it that people need to borrow money for common purchases?