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2023 Big Ideas in Technology (Part 2)

a16z Podcast

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The Pros and Cons of Credit Scores in the Age of AI

There is a subset of customers who desperately need the service and are getting it so wrong that, you know, any rational advice would be better than nothing./nThe wrong reaction is that because this is actually coming from a piece of technology instead of from a subjective judgmentdriven human, it's probably going to be wrong./nThere are incentives at play that might prevent financial services companies from putting this technology into place./nThe main benefit of this technology is that it could unlock a 10x cheaper labor supply.

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