Yeah that is definitely the case, they want full control of all the currency, people and land. When that social crediting score becomes normalized it will be the death of a free system... and only a handful people will still be able to bend those laws and use the system to their own advantage. And we all don't need that smart crap, that is the worst of it. People get pushed into believing we do...
When these moments of power control happened in the past there would always be a moment that the general public wouldn't take it anymore and follow up with a revolution, now we are so caught up in getting on with our lives, and being busy with our online, social lives (especially the younger generations) that they probably don't even need to fear a revolution anymore in the future. And the technological gap between the rich and the poor is becoming increasingly bigger so even when the time comes, they have equipment that is very useful to even stop protests before they happen or get too much traction... Besides that they make sure we get flown into a made up crisis after crisis.. until there is nothing left but debt...
I fear something like Elysium or Altered Carbon becoming reality in the next 40-100 years.
But only when we let them carry on like this...