May 12, 2021 — Podcast Appearances

Credit scores have been used for decades to assess consumer creditworthiness, but their scope is far greater now that they are powered by algorithms. Not only do they consider vastly more data, in both volume and type, but they increasingly affect whether you can buy a car, rent an apartment, or get a full-time job.

In this second of a series on automation and our wallets, In Machines We Trust explores just how much the machines that determine our credit worthiness have come to affect far more than our financial lives and interviews Chi Chi Wu.

“Consumers are not the customers for credit bureaus. We are, and our data is, the commodity. We’re not the customers, we’re the chicken. We’re the thing that gets sold.”

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