As a nonfinance noncomputer person this is how I interpret it
The good
- upstart is making rapid changes to it algorithm to adjust to changing macroeconomic conditions
- ai/ml models are doing what they are suppose to and reacting (“learning” and adapting) to additional new inputs or variables
The bad
- they are open to litigation from the gov
- could be an admission that the ai/ml models weren’t doing a great job in the current market environment and needed to be changed rapidly
Ultimately
- only time will tell