better credit-risk model
The benefits of better credit-risk models will be spread unevenly
IN "PLAYER PIANO", a novel by Kurt Vonnegut, society is divided into a workless majority and an elite who tend all-powerful machines. A character tells how her husband lost his status as a writer when his novel fails to hit the "readability quotient". She turns to sex work after he refuses the public-relations job he is assigned. "I'm proud to say that he's one of the few men on earth with a little self-respect left," she says. Upgrade your inbox and get our Daily Dispatch and Editor's Picks. The novel, published in 1952, anticipates present-day fears about the social impact of automation.