China recently released a draft law on its future social credit system, which will ultimately determine how the country builds it.

The system is designed to increase reliability in business, education, and almost every other aspect of life. How to actually achieve this is far from simple.

One example of the consequences of the social credit system – in particular how it can affect social media and free speech – shows how the noble goal of building trust can be problematic in practice. And while the Chinese government is confident in its ability to make judgments about the reliability of social media posts, other parties are unlikely to agree. Read the story in its entirety.

— Zei Yang
Zeya’s story is from China Report, his weekly newsletter that covers everything you need to know about China. Sign up to get it delivered to your inbox every Tuesday.

A must read

I’ve combed the web to find the funniest/important/scary/interesting tech stories for you today.

1 Twitter is getting more dangerous
Elon Musk demonstrates the security systems of the platform. (WP$)
+ As a result, toxic speech spreads. (Wired $)
+ There are a lot of tweets about tweets at the moment. (Atlantic dollar)
+ Twitter advertisers are leaving in droves. (WP$)
+ Mastodon is a comparatively quieter and slower place. (New Yorker $)

2 Sam Bankman-Fried viewed FTX as his “personal fiefdom”
That’s according to a lawyer representing the company in its first bankruptcy hearing. (The Guardian)
+ A significant number of FTX’s assets are either missing or stolen. (WSJ$)
+ Bankman-Fried’s influence on Washington, D.C. cryptopolitics was undeniable. (motherboard)
+ He didn’t do the industry any favors. (New Yorker $)

3 tax filing sites secretly shared financial data with Facebook
User earnings and scholarship amounts can drive Facebook’s advertising algorithms. (Markup)

4 Americans seem tired of COVID vaccines
I fear that indecisiveness may also result in future outbreaks. (vox)
+ Paxlovid withdrawal is particularly notable. (Atlantic dollar)

5 twins were born from embryos frozen 30 years ago
A healthy boy and girl are believed to be the longest frozen embryos to be born. (CNN)

6 China claims to have ‘solved’ video game addiction among children
Thanks to very strict limits on how many hours they can play. (FT$)
+ China is buying fewer machines to make chips. (Bloomberg $)
+ Video Game Addiction Now Recognized – What’s Next? (MIT Technology Review)

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