4 ms·
In fact, bias in statistical models has existed long before AI. For example, credit scores are biased, they will on average give lower score to a black person.
by mD5pPxMcS6fVWKE 6y ago
In fact, bias in statistical models has existed long before AI. For example, credit scores are biased, they will on average give lower score to a black person. So what is the politically correct solution here, to multiply credit scores by a certain factor based on race so average scores of all races are the same?
- quonn 6y agoThat‘s not a solution a bank will buy or pay for, because the bank would do worse on average. The solution is to still have humans in the loop who can make reasonable decisions.
- mD5pPxMcS6fVWKE 6y agoApartment managers see credit score below X and reject an applicant. If they were to make their own decisions, it would be a legal liability. If they reject based on credit score and other non-protected criteria, they can't be sued.