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Eldorado

Algorithm bias is in the news again

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Eldorado

"A US financial regulator has opened an investigation into claims Apple's credit card offered different credit limits for men and women.

"It follows complaints - including from Apple's co-founder Steve Wozniak - that algorithms used to set limits might be inherently biased against women.

"New York's Department of Financial Services (DFS) has contacted Goldman Sachs, which runs the Apple Card.

"Any discrimination, intentional or not, "violates New York law", the DFS said."

Full script at the BBC: https://www.bbc.co.uk/news/business-50365609

At Bloomberg: https://www.bloomberg.com/news/articles/2019-11-09/viral-tweet-about-apple-card-leads-to-probe-into-goldman-sachs

 

From last month...

"New York insurance regulators are opening an investigation into UnitedHealth Group over allegations it uses a racially biased algorithm."

At CBS News: https://www.cbsnews.com/video/health-watch-study-found-racial-bias-at-health-care-company/

Edited by Eldorado
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and then

I love it when the Left stumbles into their own grievance class struggles and realize THEY screwed up, too :)

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