These real scenarios in this expose published recently in the MIT Technology Review, paints a disturbing picture of how such algorithms can seriously destabilize the financial security and access to services of many disadvantaged groups. Thankfully, many advocates and lawyers are slowly coming t0o grips with the need for better oversight. – David Thornley
“Credit scores have been used for decades to assess consumer creditworthiness, but their scope is far greater now that they are powered by algorithms … Victims can be sent in a downward spiral that sometimes ends in homelessness or a return to their abuser. Algorithms now decide which children enter foster care, which patients receive medical care, which families get access to stable housing […]”
Click here to view original web page at www.technologyreview.com
