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Consumer Credit and AI Insights
This chapter explores the current state of consumer credit health, recapping insights from the Fed Chair and discussing the role of VantageScore in assessing consumer behavior amidst inflation challenges. It highlights trends in credit usage, the impact of high interest rates on consumers, and the implications for Buy Now, Pay Later services. The chapter also delves into the evolving landscape of AI investments, emphasizing the need for high-quality data to enhance AI capabilities and reflecting on the rapid technological advancements in the sector.