@donotpassgo wrote:
Browsing Habits May Determine Credit Scores
In the not-too-distant future, your internet habits could help determine how much house you can buy and the rate on your next auto loan.
... research posted to the International Monetary Fund (IMF) website suggests companies will soon be looking at a lot more data to get an accurate picture of the risk you pose as a borrower.
Too many legal hurdles. It won't get far or banks will get sued into oblivion. A lot of privacy invasive algos have been rolled back albeit some temorarily for violating privacy laws. Collecting broswing data is the same as someone coming to your house and looking into your window and using what you do in your home against you.
This also opens the door to potential racism and discrimination.
There is a book out called Weapons of Math Destruction. It talks about how today's algorythms and AI are actually bad for society even though conceived with good intentions.
In the meantime, I use DuckDuckGo, ad and cookie blockers, as well as a VPN. I guess I'll get denied for a loan because of insufficient data.
Where I surf does not indicate how I pay my bills, my level of income, or my net worth.
