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Algorithmic Pricing and the American Social Credit Score | Reese Report
Communist Chinaβs Social Credit System is a compliance framework that was launched in 2014 with the official goal of building βtrust in societyβ by punishing individual behavior. This system has allowed banks to shut off peopleβs money and prevent them from traveling or leaving their neighborhood. It allows the Communist Chinese government the ability to condition peopleβs behavior on an individual basis. And it is now being deployed in the United States.
On November 10, 2025, New Yorkβs Algorithmic Pricing Disclosure Act was launched... With the New York Disclosure Act, certain industries are exempt and do not need to tell you that they are charging you based on your personal data. This includes regulated financial institutions and entities regulated under state insurance laws.
New Yorkβs Algorithmic Pricing Disclosure Act is the first of its kind and we can expect to soon see the same in all fifty states...
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