*Just kidding. Yes, it does. Everything discriminates. Even death discriminates. Even the good die young, right? Apple’s latest PR snafu can be summed up simply enough this way:
Someone’s Apple Card credit limit was 20x that of their seemingly credit-worthy spouse, both with seemingly similar credit history and financial status. Once that big news hit the streets, more examples of such discrimination by Apple became public.
Then what happened?
Politicians and investigators got involved because everyone loves a big punching bag that cannot, dare not punch back. Apple is that punching bag.
Oh, and speaking of punch lines, presidential candidate and U.S. Senator Elizabeth Warren chimed in. Reuters:
It’s the company’s responsibility to come forward with the information about how that algorithm was designed and the exact impact of it… if they can’t do it, then they need to pull it down
What? And let humans do it instead? Because humans don’t discriminate?
Hopefully, someone explained to the Senator what an algorithm is and where they are created and what they do.
We are beginning to understand better that algorithms are only as good as the data that gets packed into them
OK, maybe not. An algorithm is only as good as the results it provides. In this case, the results were not perfect. Such is the nature of algorithms. And humans.
A friend of mine has a lower credit rating than mine. Carol’s credit rating is lower than mine. Neither one is much lower (10-12 points). My friend received an Apple Card credit limit twice the one I received. My wife’s credit limit was $1,000 less than mine, despite the fact that our finances have been one and the same for more than 30 years.
Well, sorry. Get over it. Discrimination is everywhere. Just this week I was discriminated at The Cheesecake Factory. It was ugly. A waitress took our order and then repeated it back. Instead of “Coke,” she said, looking straight at me as if I were a member of KFC’s board of directors, “Diet Coke?”
Look at the shame and humiliation I suffered from that line of questioning and obvious discriminatory practice from The Cheesecake Factory’s highly bias personnel.
Oh, the humanity!
Goldman Sachs has not and will never make decisions based on factors such as gender, race, age, sexual orientation, or any other legally prohibited factors when determining credit worthiness.
Substitute Goldman Sachs for The Cheesecake Factory or Apple or whatever other entity that has discriminated against you, but, get over it. We’re humans. We discriminate. We may try not to, but that same waitress (or, server; is waitress a discriminatory term?) also gave me the bill instead of Carol.
Guess who pays for dinner out? Not me. My job is to drive and carry heavy stuff. A man needs to know his place in life.