Category: Blog Article
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Overconfidence Bias: The False Assumption That Someone is Better Than Others
Author: N/A; Publisher: The Corporate Financial Institute; Publication Year: 2023. The following article covers multiple forms of overconfidence that can be found in analysts in the financial industry. There were 4 types that are discussed:…
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4 Principles of Responsible AI and Best Practices to Adopt Them
Data Access, Data Classification, Data Encryption, Fairness, Representation in Training Datasets, Responsible Artificial Intelligence, Synthetic Data, Training Data, Transparency, Usage RestrictionsAuthor: Cem Dilmegani; Publisher: AI Multiple; Publication Year: 2022. The following article explores 4 principles for responsible AI design and recommends best practices. The 4 principles, along with best practices, include: 1). achieving fairness by…
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Bias in AI: What it is, Types, Examples & 6 Ways to Fix It in 2022
Artificial Intelligence, Automation, Debiasing, Decision-Making, Diversify, Human-Driven Processes, Multidisciplinary, Representation in Training Datasets, Third-Party, Training Data, TransparencyAuthor: Cem Dilmegani; Publisher: AI Multiple; Publication Year: 2022. The following article describes how in the imperfect world, AI can’t be expected to be completely unbiased. However, there are various ways to minimize bias by…
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The Ethical Data Scientist
Author: Cathy O’Neil; Publisher: Slate; Publication Year: 2016. The following article discusses when deciding which variables to include in a model, some factors (race, etc.) can be easily excluded to ensure that racial bias in…
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Data Privacy: 4 Things Every Business Professional Should Know
California Consumer Privacy and Health Insurance Portability and Accountability Act, Data Collection, Data Storage, Deindividualized, GDPR, General Data Protection Regulation, Personally Identifiable InformationAuthor: Catherine Cote; Publisher: Harvard Business School Online; Publication Date: 2021. The following article discusses how there is both a legal and ethical obligation when it comes to personally identifiable information (PII). Data privacy is…
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Overcoming AI Bias to Empower an Equitable Society
Author: Caslee Sims; Publisher: SAS; Publication Year: 2021. The following article talks about how algorithms and predictive models in health care and criminal justice can change the trajectory of someone’s life. Caslee provides two important…
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From Headlines to Headway: Defining Data Ethics and Its Impact on Data Workers
Author: Bridget Winds Cogley; Publisher: Tableau; Publication Year: 2018. Summary: The following article defines data ethics and its importance for data professionals. The author states that ethics live “at the intersection between laws and values,”…