Social media interactions will play a vital role

Imagine the following scenario. You wish to purchase a new life insurance policy and you start shopping around at all the usual companies, asking some questions and answer a lot more in return.

Then, they enter your name in their system and reject you, despite the fact that you thought of yourself as a very viable candidate with a steady job, a good medical history, and everything else that might make you appealing in their eyes.

The reason why you were rejected, however, was not as obvious. It was because every weekend you post on Facebook about getting drunk. You upload Instagram pictures of your favorite junk food weekly. There are no records of you ever been on a gym or a fitness platform of any kind.

That kind of information might seem like a massive invasion to privacy but many of the things you upload online are part of public record. While you can certainly change some of your settings to private, the cold hard truth is that the Internet is not only forever but also painfully transparent.

In a few years, laws may well exist that will allow companies to peer into your social media and your Internet usage in order to gauge your viability for anything from life insurance to a mortgage and everything in-between.

Imagine the following scenario. You wish to purchase a new life insurance policy and you start shopping around at all the usual companies, asking some questions and answer a lot more in return.

Then, they enter your name in their system and reject you, despite the fact that you thought of yourself as a very viable candidate with a steady job, a good medical history, and everything else that might make you appealing in their eyes.

The reason why you were rejected, however, was not as obvious. It was because every weekend you post on Facebook about getting drunk. You upload Instagram pictures of your favorite junk food weekly. There are no records of you ever been on a gym or a fitness platform of any kind.

That kind of information might seem like a massive invasion to privacy but many of the things you upload online are part of public record. While you can certainly change some of your settings to private, the cold hard truth is that the Internet is not only forever but also painfully transparent.