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by bhouston 1451 days ago
I guess it is a Scotsman like scenario. The issue is that algorithmic lending isn’t uniform nor fully explored yet so it is hard to say that it is proved that it can not work.

I would argue that it is akin to saying that because you found 5 Scotland and none of them is tall then it proves all Scotsman’s are short. It is not a true proof that all Scotland are short but rather an observation that all Scotland you’ve seen so far are short. These are different things. Maybe all Scotsman are short but it isn’t yet a hard proof just a conjecture. That is all.