Megan Kelly joins Glenn Beck to talk about her meeting with Vladimir Putin. Also, we talk a little bit about your gas price and what we really should be doing. Michael Schellenberger is joining us for our two podcasts and the State of the Union address.
00:17:46.740It would allow a digital ID to scoop up data on people's online behavior, purchase history, network usage, credit history, biometrics,
00:17:58.200names, national identity numbers and medical history, plus your travel history, social accounts, e-government accounts, bank accounts, energy uses, health stats, education.
00:18:14.960Once the digital ID has access to this huge, highly personal set of data, the WF proposes using it to decide whether users are allowed to quote, own and use devices, quote, open bank accounts, quote, carry out online financial transactions, quote, conduct business transaction, quote, access insurance and treatment.
00:18:44.960Book trips, book trips, still quoting, go through border control between countries or regions, still quoting, access third party services that rely on social media logins, file taxes, vote, collect benefits, end quote.
00:19:02.520So, you know, that little, that passport that they gave you.
00:19:08.000It was so crazy to think that maybe that COVID passport might grow into something.
00:19:15.920In this advancing digital agency, the power of data intermediaries report, the WF positions this digital ID framework as part of the solution to a trust gap in data sharing and notes that vaccine passports, which were mandated across the world during COVID-19, do by nature serve as a form of digital identity.
00:19:44.400The WF also praises the way vaccine passports have allowed governments to harvest data from their populations, I'm quoting, without notice or consent.
00:19:59.100Oh, I love that when our government does that, don't you?
00:20:02.300Quoting, at a collective level, vaccine data is incredibly, incredible public health asset.
00:20:10.000The United Kingdom's government in particular has acknowledged this and has suggested that they would anonymize it and data shield techniques that could be harnessed in controlled environments to allow for the reuse of that highly sensitive data.
00:20:27.720In such cases, notice and consent is not required per se for the reuse of data, but the intermediary processes the data undergoes must be done in a controlled environment so that the findings of the data set are made available rather than the data itself.
00:20:48.000Additionally, the WF provides a specific example of how digital IDs could be used to authenticate a user by using fingerprints, a password or identity verification technology and decide whether they should be granted.
00:21:03.500I'm quoting access to a bank loan by judging their profile, which may include biometrics name, national identity number and history, which may include credit, medical and online purchasing history.
00:21:19.240The WF goes on to suggest that digital IDs will allow for the selection of preferences and making of certain choices in advance and ultimately pave the way for automated decision making, where a trusted digital assistant automates permissions for people and effectively manages their data across different services to overcome the limitations of notice and consent.
00:21:56.100And governments and private corporations increasingly embracing digital IDs.
00:22:02.100Some governments are also pushing a similar notion, social credit style apps that monitor citizens behavior and reward them for engaging in state approved actions.
00:22:21.100Now, let me just throw this on the fire for you.
00:22:26.100One of the most widely used services to check the credit worthiness of individuals and small businesses is FICO, F I C O, right?
00:22:36.100Banks, credit unions, they examine your application for a loan.
00:22:40.100FICO is often the first place that they turn when customers look up their credit score.
00:22:46.100They're usually talking about their FICO score.
00:22:49.100Now, we've suspected for quite a while that ESG scores, which are kind of a social credit score, similar to the ones that they're using in China, could someday soon be tied with personal credit scores.
00:23:04.100So that a low ESG score could cause your personal credit score to drop and your access to loans and mortgages along with it.
00:23:13.100But it's it's rare to see even the staunchest ESG supporter openly admit something like that.
00:23:21.100However, let's go to FICO's website in a little piece titled lending predictions of 2022 from BNPL to ESG and more in which a FICO senior principal consultant seems to suggest he believes in 2022 ESG could be directly linked to personal and small business credit scores.
00:24:34.100The Secretary General of the United Nations just said turning this ship around meaning the world will take immense willpower and ingenuity from governments and business alike in every major emitting nation.
00:24:47.100You're going to see tonight with the State of the Union Joe Biden trying to make a case for green energy.
00:24:57.100A listen to this quote, a key focus of my administration will be the revitalization of Japan through and I'm quoting a new form of capitalism.
00:25:10.100He said the time has come for historic economic and social transformations and that Japan will pioneer a new form of public private partnership with leaders of government industry and labor all working together to shift policies into a new form of capitalism.
00:25:44.100I want to give you a piece of news and I can give you the reports or you can look them out up on your own advancing digital agency, the power of data intermediaries and digital ID framework that the WF has published.
00:26:02.100Okay, so we have we have two reports and it's really exciting from the World Economic Forum.
00:28:47.100It would allow a digital ID to scoop up data on people's online behavior, purchase history, network usage, credit history, biometrics, names, national identity numbers and medical history.
00:29:04.100Plus your travel history, social accounts, e-government accounts, bank accounts, energy uses, health stats, education.
00:29:17.100Once the digital ID has access to this huge, highly personal set of data, the WF proposes using it to decide whether users are allowed to quote, own and use devices, quote, open bank accounts, quote, carry out online financial transactions, quote, conduct business transaction, quote, access insurance and treatment.
00:29:46.100Book trips, still quoting, quote, go through border control between countries or regions, still quoting, access third party services that rely on social media logins, file taxes, vote, collect benefits, end quote.
00:30:04.400So, you know, that little that passport that they gave you.
00:30:09.340It was so crazy to think that maybe that covid passport might grow into something.
00:30:17.800In this advancing digital agency, the power of data intermediaries report, the WF positions this digital ID framework as part of the solution to a trust gap in data sharing and notes that vaccine passports, which were mandated across the world during covid-19, do by nature serve as a form of digital identity.
00:30:45.800The WF also praises the way vaccine passports have allowed governments to harvest data from their populations, I'm quoting, without notice or consent.
00:31:01.020Oh, I love that when our government does that, don't you?
00:31:04.180Quoting at a collective level, vaccine data is incredibly incredible public health asset.
00:31:11.860The United Kingdom's government in particular has acknowledged this and has suggested that they would anonymize it and data shield techniques that could be harnessed in controlled environments to allow for the reuse of that highly sensitive data.
00:31:29.580In such cases, notice and consent is not required per se for the reuse of data, but the intermediary processes the data undergoes must be done in a controlled environment so that the findings of the data set are made available rather than the data itself.
00:31:49.860Additionally, the WF provides a specific example of how digital IDs could be used to authenticate a user by using fingerprints, a password or identity verification technology and decide whether they should be granted.
00:32:05.360I'm quoting access to a bank loan by judging their profile, which may include biometrics name, national identity number and history, which may include credit, medical and online purchasing history.
00:32:21.120The WF goes on to suggest that digital IDs will allow for the selection of preferences and making of certain choices in advance and ultimately pave the way for automated decision making where a trusted digital assistant automates permissions for people and effectively manages their data across different services to overcome the limitations of notice and consent.
00:32:57.960And governments and private corporations increasingly embracing digital IDs.
00:33:03.960Some governments are also pushing a similar notion, social credit style apps that monitor citizens behavior and reward them for engaging in state approved actions.
00:33:22.960Now, let me just throw this on the fire for you.
00:33:27.960One of the most widely used services to check the credit worthiness of individuals and small businesses is FICO, F I C O, right?
00:33:37.960Banks, credit unions, they examine your application for a loan.
00:33:41.960FICO is often the first place that they turn when customers look up their credit score.
00:33:47.960They're usually talking about their FICO score.
00:33:50.960Now, we've suspected for quite a while that ESG scores, which are kind of a social credit score similar to the ones that they're using in China could someday soon be tied with personal credit scores.
00:34:05.960So that a low ESG score could cause your personal credit score to drop and your access to loans and mortgages along with it.
00:34:14.960But it's it's rare to see even the staunchest ESG supporter openly admit something like that.
00:34:22.960However, let's go to FICO's website in a little piece titled lending predictions of 2022 from BNPL to ESG and more in which a FICO senior principal consultant seems to suggest he believes in 2022.
00:34:43.960ESG could be directly linked to personal and small business credit scores.
00:35:35.960The secretary general of the United Nations just said turning this ship around meaning the world will take immense willpower and ingenuity from governments and business alike in every major emitting nation.
00:35:48.960You're going to see tonight with the State of the Union Joe Biden trying to make a case for green energy.
00:36:00.960A key focus of my administration will be the revitalization of Japan through and I'm quoting a new form of capitalism.
00:36:11.960He said the time has come for historic economic and social transformations and that Japan will pioneer a new form of public private partnership with leaders of government industry and labor all working together to shift policies into a new form of capitalism.