Mastodawn

Dec 6, 2024

@glynmoody #MurphysLaw #AI
#hurtfirstfixlater = #foreverchemicals #tobacco #opioids #predatoryloans etc etc

"An #artificialintelligence #system used by the #UK #government to detect #welfare #fraud is showing #bias according to people’s age, disability, marital status and nationality.. it incorrectly selected people from some groups more than others when recommending whom to investigate for possible fraud.. Campaigners responded by accusing the government of a “hurt first, fix later” #policy"

Poetry News Apr 7, 2023

Cracks down on lenders
No more blackmail attempts
Protecting borrowers

#google #predatoryloans #protectborrowers #haiku #poetry

https://www.ft.com/content/91a97e3b-363a-4b99-a86d-fdd525bf9865

Google cracks down on predatory loan apps

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Financial Times

Ruby S.Dec 1, 2022

Wouldn't want to have "an educated proletariat" now would we!

"Free tuition at CUNY became a “canary in the coal mine,” Brier said. Its death was a harbinger of a new era in American higher education. What followed were skyrocketing tuitions across the country and an eventual $1.7 trillion student debt crisis unknown in the nation’s history."

"Since 1980, the cost of college has outpaced inflation by more than double, according to a Georgetown University study last year. So has the size of student debt, reaching approximately $30,000 on average — larger than any debt besides a home mortgage."

https://www.lohud.com/story/news/education/2022/09/06/new-york-college-tuition-student-debt-crisis/65464749007/

#studentdebt #debtrelief #predatoryloans #banks #debtcrisis #loanforgiveness

'Racial and class assault': How a war on free NY tuition presaged the student debt crisis

For more than a century, New Yorkers had access to free public college -- until Gerald Ford took it away. The reasons presage a student debt crisis

The Journal News

Alex Gladd Nov 30, 2022

Lookout discovers hundreds of predatory loan apps on Google Play and Apple App Store
#mobileapp #security #predatoryloans
https://www.lookout.com/blog/predatory-loan-apps

Lookout Discovers Hundreds of Predatory Loan Apps on Google Play and Apple App Store | Lookout

Researchers at Lookout Threat Lab have discovered close to 300 mobile loan applications on Google Play and the Apple App Store that exhibit predatory behavior such as exfiltrating excessive user data from mobile devices and harassing borrowers for repayment.