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This will change the fabric of society...

NBTV: Your Money, Your Data, Your Life

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The Chasm of Control in Data Collection Practices

We need to look around us at whether modern data collection practices are actually about control. Let's just look at North Korea, right? They have a pervasive surveillance apparatus that gives the regime an iron grip on its citizens. In China, we have a social credit system that converges financial habits and daily activities into centralized metrics. If you've been well behaved enough to use the fast train, otherwise you have to use the slow trade. Or if you're allowed to book hotel rooms, all of this data that they're collecting is being used in this centralized control mechanism.

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