Affirm a Transparent Alternative to Credit Cards: CEO Levchin

The transcript discusses the impact of high travel costs on consumer behavior, highlighting the recovery from COVID-19 and the role of airlines. It explores the buy now, pay later model, emphasizing its advantages over traditional credit cards. The use of AI in credit assessment is examined, noting its benefits and limitations. The influence of social media on payment methods is discussed, along with the competition in the buy now, pay later market, particularly with the entry of major players like Apple.

How has the pandemic affected consumer spending and travel habits?

What factors are contributing to the high prices in travel currently?

What is the significance of 'buy now, pay later' in the current consumer market?

In what ways does the firm ensure responsible lending to consumers?

What role does AI play in assessing creditworthiness for lending?

How is social media influencing consumer purchasing behavior?

What challenges does the firm face with competition from large tech companies?