Economically I think this will be huge. Reputation based economies are incredibly more efficient than regulatory ones. Theres no amount of regulatory compliance that can tell consumers the information they want in the way a 2 star average uber driver review does.
On the social side I can't even imagine how destructive it could be. People (especially on HN) love to lament how restrictive and oppressing the "everyone knows everyone" small town life can be. So now that we have the anonymity online we can escape to, we've all turned around and started building the biggest "small town" imaginable! One with no escape.
On the social side I can't even imagine how destructive it could be. People (especially on HN) love to lament how restrictive and oppressing the "everyone knows everyone" small town life can be. So now that we have the anonymity online we can escape to, we've all turned around and started building the biggest "small town" imaginable! One with no escape.