Apple owns every mistake Goldman Sachs makes with its card

One of the most important stories over the weekend was the news that Apple’s credit card is being investigated for discriminating against women. This story has almost as many layers as the apparently discriminatory algorithm Apple and Goldman Sachs use to determine credit limits.

But before I comment on any of this, I want to point you to the blog post by Jamie Heinemeier Hansson about the whole ordeal. She is the person who was denied the full measure of what her credit limit should have been because of Apple and Goldman Sachs’ black-box algorithm. You should read it in full, even though I’m about to quote a bit below, because it is important, level-headed, and blisteringly accurate. She lays out the stakes of this whole thing quite...

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