Summary:
- The article discusses the growing use of AI (Artificial Intelligence) in the lending and borrowing process, and the associated risks.
- As more people and businesses turn to AI-powered lending platforms, there is an increased risk of defaults, as these systems may not accurately assess the creditworthiness of borrowers.
- Lenders and investors are now looking for ways to protect themselves from these growing default risks, such as using additional data sources and human oversight to supplement the AI-driven decision-making process.