Warren blasts Goldman Sachs over its Apple card and 'discriminatory' algorithms

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Senator Elizabeth Warren unloaded on Goldman Sachs and the bank's handling of claims that its Apple Card exhibits bias against women.

and the bank's handling of claims that its Apple Card exhibits bias against women thanks to what she categorized as "discriminatory" algorithms.

"Let's just tell every woman in America, 'You might have been discriminated against, on an unknown algorithm, it's on you to telephone Goldman Sachs and tell them to straighten it out,'" Warren said inThe showy new credit card from Apple and Goldman first came under fire last week, when tech entrepreneur David Heinemeier Hansson wrote a series of tweets complaining that he got a credit limit 20 times higher than his wife, despite the fact that the couple files tax...

"We're all beginning to understand better that algorithms are only as good as the data that gets packed into them," Warren added to Bloomberg.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This lady is dangerous for America.

Pocahontas

Might seem smart to jump on this hotbutton issue bandwagon, ewarren, but be careful it doesn't backfire. The algo doesn't know applicants' genders,so at most it's merely reflecting a possible discriminatory bias that already exists in the culture. And even that's not certain yet

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren lashes out at Goldman over Apple Card bias claims: BloombergU.S. Senator Elizabeth Warren questioned Goldman Sachs's response to allega... huh Lady you look rewish At her own SocialGovernment 🤔
Source: Reuters - 🏆 2. / 97 Read more »

Warren proposes 'corporate perjury' law related to industry-funded researchU.S. Senator Elizabeth Warren on Tuesday proposed a new 'corporate perjury&... ewarren, this I like, it's about time... wtf is up with this image, . Do better. She has the prettiest blue eyes I've ever seen on a Native American 😂ewarren
Source: Reuters - 🏆 2. / 97 Read more »

This Elizabeth Warren Impersonator Is So Good It's FreakyMolly Erdman plays presidential candidate Elizabeth Warren, and it's comically true to life. Her mom gay So sick... Like OMG 😂😂😂😂
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Watch: Elizabeth Warren Had the Perfect Burn for People Who Are Against Same Sex MarriageElizabeth Warren Had the Perfect Burn for People Who Are Against Same Sex Marriage
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Trump losing in Georgia to Biden, Warren, Sanders, Buttigieg and Harris, polls findsA poll from The Atlanta-Journal Constitution finds Trump behind the five leading 2020 Democrats in Georgia, which has not gone blue since 1992. If that's the truth, then why try to impeach him over some bullshit when all the democrat candidates can crush him easily on election? Yay!!!!! 😂
Source: YahooNews - 🏆 380. / 59 Read more »

Sen. Elizabeth Warren Says She Was Told to 'Smile More' to Win Male VotersHave you ever heard that one before? Hahahaha Lol... always trying to make it about men
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »