“Sexist” Apple Card? Wife has lower credit limit, says Apple co-founder Steve Wozniak

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The criticism began on Thursday, after entrepreneur David Heinemeier Hansson spoke out against the Apple card in a series of tweets, claiming it was giving it 20 times the credit limit his wife had received. (Image: IE)

Apple Inc co-founder Steve Wozniak has joined the online debate accusing the algorithm behind the iPhone maker’s credit card of discriminating on the basis of gender, deepening the scrutiny of the new Apple card. . The criticism began on Thursday, after entrepreneur David Heinemeier Hansson spoke out against the Apple card in a series of tweets, claiming it was giving it 20 times the credit limit his wife had received.

Hansson, who is the creator of the Ruby on Rails web application framework, did not disclose any specific income-related information for himself or his wife, but tweeted that they had filed joint tax returns and that his wife had better credit score. On Saturday, Wozniak intervened, suggesting that a similar thing had happened to him as he had 10 times more credit on this Apple Card compared to his wife. “We don’t have separate bank accounts or credit cards or separate assets.

Hard to reach a human for a fix though. It’s big tech in 2019, ”Wozniak tweeted in response to Hansson’s original tweet. The New York Department of Financial Services has said it is opening an investigation into Goldman Sachs’ credit card practices. “New York law prohibits discrimination against protected categories of individuals, which means that an algorithm, like any other method of determining creditworthiness, cannot result in disparate treatment for individuals based on age, creed, race, color, sex, sexual orientation, national origin, or other protected characteristics, ”wrote Linda Lacewell, superintendent of the Department of Financial Services at the New York State, in a blog post. (https://bit.ly/2Ny1TUA) “We know that the issue of discrimination in algorithmic decision making extends to other areas of financial services as well,” Lacewell added.

Apple partnered with Goldman Sachs Group Inc to launch the highly anticipated Titanium Credit Card in August.

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