Algorithmic Bias Explained: How Automated Decision-Making Becomes Automated Discrimination

Author: N/A; Publisher: The Greenlining Institute; Publication Year: 2021. The following article discusses algorithmic biases in credit and finance, healthcare, employment, government programs, education and housing. Focusing in on algorithmic bias in credit and finance, banks and the fintech industry have eagerly replaced loan officers with algorithms that are more complex and use more sources of data than ever before to make…