Credit Scores Based On AI and Your Social Media Profile Could Usher In New Way For Banks To Discriminate – Slashdot

Credit Scores Based On AI and Your Social Media Profile Could Usher In New Way For Banks To Discriminate. 203 comments

Credit scores based on AI and non-traditional data such as your social media profile could usher in a whole new way for banks to discriminate. Some vessels use ocean rendezvous to exchange.

It follows that there are two ways to increase your profitability: Either reduce your costs or increase your revenues. In the old economy, reducing your costs worked best. In the new economy, increasing your revenue works much, much better. Today’s most vital and expensive products are made largely or completely of software.

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Credit Scores Based On AI and Your Social Media Profile Could Usher In New Way For Banks To Discriminate – Slashdot Equity rated best bank in Think business awards triangle home sales rise 10 percent in July Pending sales of homes in Ohio rose 16 percent in July compared with July 2011, another sign the housing market is growing stronger, a trade association said Wednesday.

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Credit Scores. Credit Scores Could Soon Get Even Creepier and More Biased – VICE. VICE – Rose Eveleth. Credit scores based on AI and non-traditional data such as your social media profile could usher in a whole new way for banks to discriminate.

Credit Scores Based On AI and Your Social Media Profile Could Usher In New Way For Banks To Discriminate – Slashdot Credit scores have a long history of prejudice. "Most changes in how credit scores are calculated over the years — including the shift from human assessment to computer calculations, and most recently to artificial intelligence.

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