Technological Advancements and Challenges
Lenders are continually updating their technology, eliminating unused or outdated tools, and exploring new ones, all while being mindful of potential threats in the IT world.
AI companies are working on teaching robots to perform household chores by paying people to fold laundry in front of them, which may eventually lead to robots doing tasks like these.
It’s disappointing that we may never see a robot get tangled in a fitted sheet.
History of Automation
Robots and automatic machines have been around for centuries, with the French being at the forefront of innovation 250 years ago.
Crypto Scams
A significant issue today is that Americans, including potential borrowers, are losing millions to scammers at crypto ATMs, often drawn in by the promise of easy money without regard for the victims.
Author's summary: Lenders update technology while AI teaches robots household chores.
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