Tech Brew Ride Home Mon. 11/11 - Apple Eyes An iPhone Replacement
Nov 11, 2019
New York's investigation into the Apple Card raises concerns about gender bias in credit algorithms. Meanwhile, Apple is eyeing a future where AR glasses could take over from smartphones. Dara Khosrowshahi's controversial remarks on the Khashoggi incident bring corporate ethics into focus. Amazon is set to launch a new grocery store distinct from Whole Foods, and DoorDash continues to dominate food delivery with strategic expansions. These developments highlight the complex landscape of tech innovation and corporate responsibility.
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Apple Card Credit Limit Discrepancy
- David Heinemeier Hansson's wife received a 20x lower credit limit on her Apple Card despite a higher credit score.
- This sparked a regulatory investigation into potential gender bias within Apple Card's algorithms.
Algorithmic Bias
- Algorithmic bias in financial systems can perpetuate discrimination.
- This is exemplified by the Apple Card case and a separate probe into UnitedHealth Group.
Khosrowshahi's "Mistake"
- Dara Khosrowshahi, Uber CEO, called the murder of Jamal Khashoggi a "mistake."
- He later retracted his statement, acknowledging the murder as "reprehensible."