We’ve been doing credit checks for years, that’s boring. This way we get to apply AI to an old discredited pseudo-science and pretend that it makes sense now. That’s FUN, and we get to use it as an excuse to fire a bunch of people and make more profit. Everybody wins!
![The Economist on using phrenology for hiring and lending decisions: "Some might argue that face-based analysis is more meritocratic" […] "For people without access to credit, that could be a blessing"](https://lemmy.ml/pictrs/image/14f5a0b4-82b6-498d-a689-36c2824dd296.png){kind=link}
We’ve been doing credit checks for years, that’s boring. This way we get to apply AI to an old discredited pseudo-science and pretend that it makes sense now. That’s FUN, and we get to use it as an excuse to fire a bunch of people and make more profit. Everybody wins!