China recently released a draft law on its upcoming social credit system, which will ultimately dictate how the country builds it.
The system is intended to promote trustworthiness in business, education and almost every aspect of life. How it actually achieves this is not straightforward.
An example of the effects of the social credit system—specifically, how it can affect social media and freedom of speech—reveals how the noble-sounding goal of building trust can be problematic in practice. And while the Chinese government is confident in its ability to make judgments about the credibility of social media posts, other parties are unlikely to agree. Read the full story.
— Jay Young
Jay’s story is from China Report, his weekly newsletter covering everything you need to know about China. Sign up to get it in your inbox every Tuesday.
I’ve scoured the internet to find you today’s funniest/important/scary/interesting stories about technology.
1 Twitter is getting more dangerous
Elon Musk is cracking down on the platform’s security measures. (WP$)
+ As a result, toxic discourse is proliferating. (wired $)
+ There are a lot of tweets about tweets right now. (Atlantic $)
+ Twitter advertisers are moving in droves. (WP$)
+ Mastodon is a much quieter, slower place in comparison. (New Yorker $)
2 Sam Bankman-Fried considered FTX his “personal collateral”.
That’s according to the attorney who represented the company at its first bankruptcy hearing. (parent)
+ A significant amount of FTX’s assets are either missing or stolen. (WSJ$)
+ Bankman-Fried’s influence on crypto policy in Washington DC is undeniable. (motherboard)
+ He did the industry no favors. (New Yorker $)
3 tax filing sites secretly shared financial data with Facebook
Users’ income and scholarship can power Facebook’s advertising algorithm. (markup)
4 Americans seem weary of Covid vaccines
The fear is that the dilemma could spill over into future outbreaks. (Vox)
+ Paxlovide rejection is particularly prominent. (Atlantic $)
5 twins born from embryos frozen 30 years ago
Healthy boys and girls are believed to be the longest frozen fetuses to be born. (CNN)
6 China says it has “solved” a video game addiction among children
Thanks to very strict restrictions on how many hours they can play. (FT$)
+ China is buying fewer chip-making machines. (Bloomberg $)
+ Video game addiction is now being recognized—what next? (MIT Technology Review)