AI lawsuits are coming

AI will disrupt finance, but not in the way some tech bros think.

In a viral thread, David Heinemeier Hansson describes how Apple Card discriminates against his wife. Nobody at the company can explain how the algorithm makes its decision. Just “computer says no”.

That’s the kind of bureaucratic horror you expect from an old-fashioned state-run company. Ironically, Apple markets its credit card as “built on the principles of simplicity, transparency, and privacy” and “Created by Apple, not a bank”.

Yeah, I’ll stick to my bank, thanks.

If you can’t explain your AI, lawsuits are coming.

Long lawyers, short black box AI.