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by xherberta
3326 days ago
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As Cathy O'Neil points out, black-box algos are deciding things that have a huge impact on individuals' lives: which teachers get fired, which prisoners don't get parole, and which loan applicants get approved and denied. In the latter two cases, the algos are tougher on minorities. It's troubling when we don't know why an algo is racist. We need ways of checking that these influential algos aren't reinforcing trends we would rather diminish. |
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Additionally, the study about the "racist algorithms" was fraudulent. Their results were "almost statistically significant". I.e. not statistically significant. Compared to human judges which have well studied biases by race. There's nothing remotely fair about human judgement and you should always prefer an algorithm. In almost every domain they could find, researchers have found that even simple linear regression beats predictions of human experts.
And this has huge effects on our society. Humans making biased hiring decisions leads to mass discrimination against certain groups and very suboptimal employees. Having humans make loan decisions, means much higher interest rates, more people go bankrupt, and the economy grows much slower.
The EU banning the use of algorithms is just absurd.