3 ms·
I'm not sure what you mean. AI doesn't involve "encoding unsound reasoning" into anything. That's more akin to how humans think and act, by making decisions bas
by bko 9y ago
I'm not sure what you mean. AI doesn't involve "encoding unsound reasoning" into anything. That's more akin to how humans think and act, by making decisions based on heuristics learned from a lifetime of experience and societal influences. It would be unethical to encode a "race" factor to be considered in an algorithm, although even if it were included I think it would prove insignificant since race has no direct causation to ability to prepay when you consider all the other factors (e.g. poor white person in same neighborhood would have same default prob). However other factors might, such as the ones you have listed (where they live, credit score, etc)
I am familiar with the book you mentioned.
You still didn't answer my question. If credit score and income are correlated to race in America, should they be ignored from loan applications? What are valid factors to consider?
- barrkel 9y ago> If credit score and income are correlated to race in America, should they be ignored from loan applications? Is correlation causation? Is it fair to encode a judgement based on correlation but not causation? Or to make your position more clear, do you support racial profiling? If not, why not, and how do you justify that position, and how does that justification apply to judgements based on correlation but not causation? (My position is that making decisions based on correlation but not causation is the general case for which racial profiling is a specific case.)
- bko 9y agoI already answered that. No race should not be a factor as it does not convey any info not explained by other factors. What are factors that are causation? Presumably not where you're living and other considerations you determined to be implicitly racist