Black Mirror Comes to London

Chris warns of London’s new facial recognition cameras—Black Mirror’s Nosedive hits real life! Are social credit scores next? www.watchdogonwallstreet.com

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst and trader Chris Markowski.

Speaker 2 (00:16):
Black Mirror comes to London. Yeah, I love that series,
by the way, I'm looking forward to it. Actually, they
got the next season is coming out shortly. There was
an episode years ago it was called Nosedive and basically
the premise behind the episode, and I highly recommend you
watch it. It's a again, it's the future and everyone

(00:38):
is perpetually judging one another all the time and giving
each other ratings and stars, and based upon your social
credit score, allows determines whether or not you're going to
be able to get on a plane, get on a train,
rent a car, get into a hotel, all sorts of stuff. Now,

(00:59):
China has been doing that for some time. They have
social and essence social credit scores there, and you know,
if yours is not good, you're not going to be
able to do certain things. Right now, we just found
out that London is now installing permanent facial recognition cameras

(01:21):
all around all around the city, permanent live facial recognition.
I'm going to be matching people, they say, to a
criminal database. And again doesn't take much to become a
criminal in the UK. Say something that might offend someone

(01:46):
or some group or whatever it may be. You my
friends are going to be in trouble. It's going to
go down on your permanent record. Remember that, Remember permanent record.
Remember back on the middle school they used to threaten
you with that'd be carible. This fights, It's going to
go down on your permanent record, and you got scared

(02:08):
that it was going to ruin the rest of your
life at that period of time. That was scare tactic
back then. But this is no joke. If you don't think,
if you don't think that this is going to be
employed in the future, I'm sorry again. I hope the
pendulum swings back in the opposite direction, but it seems

(02:31):
to me it's getting worse rather than better in certain
countries over in the the EU. Was it yesterday? Was
a reporter from it was Axios if I'm not mistaken.
In Spain basically gave a list of people, read out
a list of people that were arrested for crimes and

(02:52):
he found himself in deep water and got arrested because
all of the names were Muslim, and supposedly that was
in a hack on Islam. You can't make this stuff up,
you really can't. But anyway, I don't know. It wouldn't
surprise me if they weren't already employing cameras like this

(03:14):
here in the United States and go back, you know,
I'll go back to way how much how much more
much more quaint and naive time for the United States
America pre nine eleven, we as a nation decided to
basically take the Constitution and screw it, grew it. We're yo,

(03:41):
You're all gonna die. There was a terrorist hiding underneath
every bed, every corner. If you see something, say something.
Terrorists here, terrorists there, Cameras here, security there, allowing the
President of the United States anyway again, they could start
a war, invade any country anytime they want, doesn't even
have to go to Congress anymore. This was all due

(04:04):
to the Patriot Act that we're gonna call it the
Patriot Act, because if you're not behind the Patriot Act,
well then you are not patriotic, You're not a true American.
This was back in the day when Bill O'Reilly was like, Ah,
those damn French people, you can't call them, can't call
them French fries anymore. We got to call them freedom fries.
Let's get the people going. Yeah, keep swinging, keep swinging

(04:28):
more towards this dystopian future. Kids, young people out there.
Wasn't always like this, was always like this. There wasn't
always a camera in your face recording you wherever you went. Again,
facial recognition again. Next up, social credit scores. Hey, you

(04:49):
can buy the software from China. Watchdog on Wall Street
dot com