Goldman Sachs' Apple Card Is Under Fire for Being Gender Biased
Official investigations have started.
Since its anticipated launch earlier this year, the Apple Card has been a coveted accessory among tech enthusiasts and fans of the ever-growing label, but now the credit card service is under fire for reportedly being gender biased.
“My wife and I filed joint tax returns, live in a community-property state, and have been married for a long time. Yet Apple’s black box algorithm thinks I deserve 20x the credit limit she does,” wrote New York Times best-selling author David Heinemeier Hansson on Twitter, adding that after reaching out to customer support, Apple‘s response was that “it’s just the algorithm.”
Following the Tweet, other owners of the Apple Card shared similar experiences, including Apple’s co-founder Steve Wozniak himself. Apple has rectified the “mistake,” but the New York Department of Financial Services has announced an investigation into Goldman Sachs and the Apple Card. “The department will be conducting an investigation to determine whether New York law was violated and ensure all consumers are treated equally regardless of sex,” said a spokesperson.
Stay tuned as any more information following the investigation surfaces.
The @AppleCard is such a fucking sexist program. My wife and I filed joint tax returns, live in a community-property state, and have been married for a long time. Yet Apple’s black box algorithm thinks I deserve 20x the credit limit she does. No appeals work.
— DHH (@dhh) November 7, 2019
She spoke to two Apple reps. Both very nice, courteous people representing an utterly broken and reprehensible system. The first person was like “I don’t know why, but I swear we’re not discriminating, IT’S JUST THE ALGORITHM”. I shit you not. “IT’S JUST THE ALGORITHM!”.
— DHH (@dhh) November 8, 2019
Just read this thread. My wife has a way better score than me, almost 850, has a higher salary and was given a credit limit 1/3 of mine. We had joked that maybe Apple is just sexist. Seems like it’s not a joke. Beyond f’ed up.
— Carmine Granucci (@whoiscarmine) November 9, 2019
Same here my wife is a doctor, I haven’t worked in 5 years and my credit limit is $20,000 her is $4,800. She wanted to surprise me with the new Apple Watch and phone for both of us, price tag came out to $5,200. She had to put the rest on our AMX.
— shareProud (@shareproud) November 9, 2019
The same thing happened to us. I got 10x the credit limit. We have no separate bank or credit card accounts or any separate assets. Hard to get to a human for a correction though. It’s big tech in 2019.
— Steve Wozniak (@stevewoz) November 10, 2019