Entities
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CSETv0 Taxonomy Classifications
Taxonomy DetailsProblem Nature
Specification
Physical System
Software only
Level of Autonomy
High
Nature of End User
Amateur
Public Sector Deployment
No
Data Inputs
credit score, credit report, reported income
CSETv1 Taxonomy Classifications
Taxonomy DetailsIncident Number
92
AI Tangible Harm Level Notes
There was a gender bias in the rates and credit limits offered by the Apple card. This results in financial harm based on gender.
Special Interest Intangible Harm
yes
Date of Incident Year
2019
Date of Incident Month
11
Estimated Date
No
CSETv1_Annotator-1 Taxonomy Classifications
Taxonomy DetailsIncident Number
92
AI Tangible Harm Level Notes
3.2 - Goldman Sachs, who developed the card, never explicitly said whether the algorithm was AI. General media consensus is that machine learning was very likely involved.
Notes (special interest intangible harm)
Women with similar financial backgrounds, credit scores, and other personal details as male counterparts were assigned much lower credit limits.
Special Interest Intangible Harm
yes
CSETv1_Annotator-2 Taxonomy Classifications
Taxonomy DetailsIncident Number
92
AI Tangible Harm Level Notes
There was a gender bias in the rates and credit limits offered by the Apple card. This results in financial harm based on gender.
Special Interest Intangible Harm
yes
Date of Incident Year
2019
Estimated Date
No
Multiple AI Interaction
no
Incident Reports
Reports Timeline
- View the original report at its source
- View the report at the Internet Archive
What started with a viral Twitter thread metastasized into a regulatory investigation of Goldman Sachs’ credit card practices after a prominent software developer called attention to differences in Apple Card credit lines for male and femal…
- View the original report at its source
- View the report at the Internet Archive
The algorithm responsible for credit decisions for the Apple Card is giving females lower credit limits than equally qualified males. Those are the allegations that began spreading as consumers took to social media with complaints about App…
- View the original report at its source
- View the report at the Internet Archive
When tech entrepreneur David Heinmeier Hansson recently took to Twitter saying the Apple Card gave him a credit limit that was 20 times higher than his wife's, despite the fact that she had a higher credit score, it may have been the first …
- View the original report at its source
- View the report at the Internet Archive
US regulators are investigating whether Apple’s credit card, launched in August, is biased against women. Software engineer David Heinemeier Hansson reported on social media that Apple had offered him a spending limit 20 times higher than h…
- View the original report at its source
- View the report at the Internet Archive
The possibility that Apple Card applicants were subject to gender bias opens a new frontier for the financial services sector in which regulators are largely absent, argues Karen Mills.
In late August, the Apple Card debuted with a minimali…
- View the original report at its source
- View the report at the Internet Archive
Advocates of algorithmic justice have begun to see their proverbial “days in court” with legal investigations of enterprises like UHG and Apple Card. The Apple Card case is a strong example of how current anti-discrimination laws fall short…
