Bias Isn’t the Only Problem with Credit Scores—and No, AI Can’t Help
Author: Will Douglas Heaven; Publisher: MIT Technology Review; Publication Year: 2021. The following article discusses how it is a known fact that biased algorithms affect automatic decision-making processes. To fix this problem, many researchers and start-ups are working to build fairer algorithms. The author, however, claims that building a fair algorithm is not enough because low-income and minority groups represent a very small…