Archive for March, 2020

Can AI be sexist? You bet it can.

March 30, 2020

It’s tempting to assume that AI in banking is non-sexist and cannot be otherwise. After all, AIs are genderless, so how could they possibly identify with or prefer one gender over another?  Except, well, AIs mine databases. If biases happen to be built into data-gathering processes—and not necessarily by design—AIs can hardly avoid emerging with [...]

Posted in Uncategorized | No Comments »

TBT: How germ-free is your smartphone?

March 26, 2020

Originally posted July 22, 2018.  I thought this information could be useful at this time. Which payment system is the most germ-free? In the wake of New York University’s 2014 Dirty Money Project, the switch from paper to digital currency was probably welcome news for germophobes. That was the study that revealed that some 3,000 varieties of bacteria [...]

Posted in Uncategorized | No Comments »

On a more positive note …

March 23, 2020

Though I blogged about the coronavirus last week, and though right now you could throw a virtual stick and hit dozens of coronavirus stories, I’m going to bring it up again. But with a different spin. Crises have a habit of bringing out the best and worse in us … … so this week I want to [...]

Posted in Uncategorized | No Comments »

TBT: A sobering tale of banking and judging by appearance

March 19, 2020

First posted July 8, 2013.   Here’s a true story about judging by appearances. It sounds apocryphal, but you can verify it for yourself, as I did, with a visit to Snopes.com. Snopes, a reliable resource for verifying or, depending, debunking urban legends, is where I found this true and instructive story. * * * [...]

Posted in Uncategorized | No Comments »

Coronavirus and digital payments

March 16, 2020

NOTE: In no way is the content of this post intended to provide medical advice. See an MD for that. In 1986, the president of the company that markets LifeStyles condoms referred to AIDS as “a condom marketer’s dream.” Jerry Della Femina, founder and president of the advertising agency handling the Lifestyles account, immediately retorted, “AIDS [...]

Posted in Uncategorized | No Comments »