Tech entrepreneur David Heinmeier Hansson reported experiencing a similar situation where his credit limit was 20 times that of his wife despite the fact that they share assets and she has a higher credit score. When they reached out to Apple about it, Hansson says they were told that the credit limit for each individual’s Apple Card is set by an AI-powered algorithm.
This is not the first time that the possibility of algorithm bias has been raised — in fact, it has become a prominent issue in the last year, with some local governments taking legislative action on the issue. Last month, California enacted a temporary ban on police use of facial recognition software, a technology that many agree uses biased algorithms.