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Consider the common situation where the algorithm is a machine learning model. Nobody knows how it works; the best you can hope for is a bit of documentation fo
by tetromino_ 9y ago
Consider the common situation where the algorithm is a machine learning model. Nobody knows how it works; the best you can hope for is a bit of documentation for how the algorithm came to be created.
- jimnotgym 9y agoI don't think that is quite the answer. I think you would explain that the algorithm considers the past data on x to make decisions based on x. So then if you say 'we consider factors like your name in order to work out ethnicity and then use that to determine your credit risk' you get a big fine. If you say 'we use data about the previous likelyhood of people in your profession and age group having an accident in order to analyze the risk....in order to price your insurance' then you are on safe ground