Social Media Credit Score – What the Future Holds


January 8th, 2010       Author: Chris Sully

Where Are Our Flying Cars?

Where Are Our Flying Cars?

Over the course of the week, we have provided you with some valuable information on the concept of a Social Media Credit Score (SMCS).  Our four previous articles, all available on JumpstartMyPC.com’s blog, outlined the following areas of this idea:

Social Media Credit Score Definition

Social Media Credit Score Formula

Who Sees Your Social Media Credit Score and Why

Social Media Credit Score Tools and Tricks

Our overall goal with this series has been to educate and inform.  The SMCS is a concept that people are currently using, in small parts, without knowing that they are doing so.  In time, this concept will most likely evolve into a tangible “thing”, whether that be a real-time score, a research site or a combination of the two.

Internet based social media has not been around for long (relatively) and has only begun to flourish as an idea and business.  Facebook and Twitter both became profitable companies this year, for the first time, and might one day go public.  With an entire world developing on the internet, it is only a matter of time before those who live in that world begin to form a structure much like that of the “real world.”  There are already laws and legal precedents, governing bodies and criminals.  You can shop, visit, educate, consult a doctor and vote.  So why not check your social credit?

As the internet develops, I believe that the SMCS will become a necessity and there are several areas that will dictate that need:

  • Storage – Hard drives, servers and jump drives will soon become a thing of the past (at least compared to how we see them now).  When memory becomes so inexpensive and accessible that it is not a concern, every piece of information that has ever been written, recorded or drawn will be accessible by everyone.  As we pointed out earlier in the week, this means that your posts, entries and updates will become as accessible as a library book.
  • Accessibility – We already have the internet on our computers, cell phones and e-readers.  New concepts are being released as we speak (CES – the Consumer Electronics Show is under way) that demonstrate the advancements in projectors, wireless internet, and computer components that grow smaller and smaller every day.  I can see a watch or glasses that will make the internet available to you non-stop, 24 hours a day in our near future.  You could then theoretically see and hear anything that anyone is doing at any given second or in the past.
  • Software Developments – Facial recognition and voice analysis are simply tools of the Hollywood screenwriter, right?  These tools are available today and advancements in the technology will one day make them as accessible as air.  What if every picture, video and recording were to be analyzed, tagged and posted to the web?  Pictures of you, that you didn’t even remember someone taking (or didn’t know were taken), could surface and prove as a reflection on your character.
  • Commerce – We mentioned before that credit agencies and companies might one day use your SMCS to calculate your financial credit score.  As more and more shopping moves online and our money turns from 1’s and 5’s to 1’s and 0’s (physical to digital), it will become increasingly important to calculate the risk of an individual.  Identity Theft is already a hot-topic and one of the fastest growing crimes in the country.  The more information that becomes available on you as an individual, the easier it will be for criminals to obtain the information they need.
  • Legal – The government and legal system finally seems to be catching up with the technological age.  Your public information has always been available to law enforcement and private information just a warrant away.  If a SMCS were to become reality, would it serve as a character witness in court?  Could your actions as a young adult influence a custody hearing later on in life?  A quick Google search revealed that, as early as 2007, Facebook pictures were a deciding factor in a court case that sent a young lady to jail for 5 years and 4 months.  Read that article HERE.
  • Medicine – I will admit that this is a stretch, but what if your worth as a person were to influence the decision to save your life?  If a plague were to cover the earth and a vaccine made available to only a limited few, who would be chosen to receive this life-saving drug?  Could a SMCS be the deciding factor?  It sounds like something out of a movie and I know that at least a few people are rolling their eyes at this point, but WHAT IF?

Again, the entire concept and reason for these articles this week is merely to educate and inform.  Your information is out there, whether you posted it or not.  As things develop, this information will become more accessible and begin to reflect who you are and what you have done.  You can being to shape this information by becoming aware of what is out there and how it can affect you.  So the next time you post a picture, update your status or comment on someone’s post you should think twice before hitting that submit button.  The world might be watching.


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