Affirm
Coverage of Affirm in the Nexus archive.
- Max Levchin on why Affirm wants to be your smarter older sister
Max Levchin, founder and CEO of Affirm, built the company to act as a 'smarter older sister' by helping customers make better financial decisions rather than profiting from their mistakes. He discusses how this philosophy influences Affirm's products and culture, as well as his immigrant engineer background and study of dystopian science fiction to prevent an undesirable AI future in consumer finance.
- DeepMind's CEO says STEM students can use AI 10 times more effectively
DeepMind CEO Demis Hassabis argues that STEM students can use AI 10 times more effectively with strong technical foundations. He emphasizes the enduring value of computer science degrees and software engineering knowledge, despite AI advancements, and highlights the need for ethics and humanities in the AI era. Geoffrey Hinton and Max Levchin also support the continued relevance of computer science fundamentals.
- Democratic congressman asks the CFPB to investigate 'rent now, pay later' companies
A Democratic congressman requested the CFPB to investigate 'rent now, pay later' companies over concerns about hidden fees and consumer understanding. Rep. Maxwell Frost highlighted his personal debt struggles with similar services and urged accountability for potential violations of consumer financial laws.
- Democratic congressman asks the CFPB to investigate ‘rent now, pay later’ companies
A Democratic congressman urged the Consumer Financial Protection Bureau to investigate 'rent now, pay later' companies over concerns about hidden fees and consumer understanding. The letter highlights potential violations of federal laws and questions whether landlords are promoting these services to tenants.