Taobao and Facebook
The network trust mechanism affects our life in the real world and makes people behave in a controlled manner. Let both sides be more responsible.
In the past, we had to make many decisions based on blind beliefs or personal experiences, but today we can make decisions based on collective experience. Others share their experiences through comments and social media.
Online Reputation = Risk Premium = Customer Size and Quality Assurance.
Appraisals and reviews may make us more accountable and even more polite to human compatriots, but we are increasingly dependent on them, and it means that some people will be black labeled forever and degraded to digital purgatory.