Fascinating article on the reach of WeChat in the lives of its users. The author says it most poignantly "WeChat has metastasized into every aspect of people’s lives in China".
What is true of WeChat is also true of other companies in the same space
It is the ultimate in data centralization and because of the nature of the digital economy the more data it has the more efficient it becomes—and the more easily it can pivot into new markets.
The intent is to use WeChat as the foundation of the social credit system. The vision of which is Orwellian to say the least
Under the pilot scheme, people with outstanding court orders or who have defaulted on loans can’t book high-speed rail tickets and can’t fly in planes.
What is true of WeChat is also true of other companies in the same space
It is the ultimate in data centralization and because of the nature of the digital economy the more data it has the more efficient it becomes—and the more easily it can pivot into new markets.
The intent is to use WeChat as the foundation of the social credit system. The vision of which is Orwellian to say the least
Under the pilot scheme, people with outstanding court orders or who have defaulted on loans can’t book high-speed rail tickets and can’t fly in planes.
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