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posted by martyb on Friday November 15 2019, @06:13AM   Printer-friendly
from the very-interesting dept.

A few days ago, Jamie Heinemeier Hansson went public with the observation that Apple Card gives better interest rates to husbands than to wives. Several sites have since picked up the story and now it has caught the attention of the US Senate.

I care about transparency and fairness. It's why I was deeply annoyed to be told by AppleCard representatives, "It's just the algorithm," and "It's just your credit score." I have had credit in the US far longer than David. I have never had a single late payment. I do not have any debts. David and I share all financial accounts, and my very good credit score is higher than David's. I had a career and was successful prior to meeting David, and while I am now a mother of three children — a "homemaker" is what I am forced to call myself on tax returns — I am still a millionaire who contributes greatly to my household and pays off credit in full each month. But AppleCard representatives did not want to hear any of this. I was given no explanation. No way to make my case.

From Gizmodo: Now a Senator Is Investigating the Sexist Apple Card Debacle

Wyden has lately taken up the bailiwick in fighting algorithmic bias. In April, he and Senator Corey Booker introduced the Algorithmic Accountability Act, which would obligate companies to assess their decision-making systems and training data "for impacts on accuracy, fairness, bias, discrimination, privacy and security." The bill has yet to move forward.

Earlier on SN:
Maybe Don't Keep Your Apple Card in a Leather Wallet, Apple Warns (2019)
Apple Unveils... a Titanium Credit Card (2019)


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  • (Score: 1, Funny) by Anonymous Coward on Friday November 15 2019, @01:15PM (1 child)

    by Anonymous Coward on Friday November 15 2019, @01:15PM (#920680)

    Algorithm gives a better interest rate to a breadwinner instead of a stay at home mom. Feminists cry that the algorithm is sexist.

    The mystery is solved. No need to bother Apple with your complaints.

    BTW, Karen does not need to know about David's Swiss bank account.

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  • (Score: 2) by The Mighty Buzzard on Saturday November 16 2019, @06:36AM

    Employment status is really a pretty wise thing to put into such an algorithm, it's just not quite as brilliant to apply it to a millionaire as it is someone with an EBT card.

    --
    My rights don't end where your fear begins.