Submission + - Credit scores calculated by Neurotic AI (fairisaac.com)
Whomp-Ass writes: "Your credit score is decided by a Neurotic AI, which, much like Marvin, seems to be continually depressed. For example when asked to complete the sentence "I was very" it output: (sic) "I was very nervous about my ability ..." when asked to complete the sentence: "The New York", it output: "The New York Times' computer model collapses ..."
Further, this Neural Network business decision automation suite, authored by the same guy, claims the following: "the logic that drives business decisions can't be buried inside individual software systems. It must be visible, easily modified by nonprogrammers, and usable by any application and channel."
The hubris here is astounding...while we are getting close, we are not yet anywhere near the level of predictive analysis required to state any such things without personal oversight. Especially when the machine in question is necessarily working off of imperfefct information (i.e. not everyone reportws to a CRA, income is not considered as a significant datum, etc, etc...)
The PDF continues on to claim that most business logic is written in Cobol...
Behold the software and accompanied business decision that collapseth our economy..."
Further, this Neural Network business decision automation suite, authored by the same guy, claims the following: "the logic that drives business decisions can't be buried inside individual software systems. It must be visible, easily modified by nonprogrammers, and usable by any application and channel."
The hubris here is astounding...while we are getting close, we are not yet anywhere near the level of predictive analysis required to state any such things without personal oversight. Especially when the machine in question is necessarily working off of imperfefct information (i.e. not everyone reportws to a CRA, income is not considered as a significant datum, etc, etc...)
The PDF continues on to claim that most business logic is written in Cobol...
Behold the software and accompanied business decision that collapseth our economy..."
