Comment on The Economist on using phrenology for hiring and lending decisions: "Some might argue that face-based analysis is more meritocratic" […] "For people without access to credit, that could be a blessing"

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UnderpantsWeevil@lemmy.world ⁨4⁩ ⁨days⁩ ago

It predicts people with business school degrees getting six, seven, and eight figure salaries to blow smoke up the asses of the investor pool.

This reminds me of a fraud risk classification model I once heard about, which ended up being an excellent income-by-postal-code classifier.

The dark art of sociology is recognizing how poverty impacts human behaviors and then calibrating your business to profit off it.

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