Topic: Financial Technology

1 chapters across the catalog

27: Lift-Gate
• 1:46:50 - 1:50:25

27: Lift-Gate

Credit Karma and the Algorithmic Slave Control Mechanism

The hosts describe credit scoring apps like Credit Karma as "slave control mechanisms" that grant banks total surveillance over a user's financial behavior. They argue that modern algorithms are "super racist" and are used to determine everything from loan eligibility to criminal sentencing. This technological shift represents a more sophisticated version of the racial data points used in the original redlining maps.