Daily Archive: June 18, 2021

Bias is not the one downside with credit score scores—and no, AI can not help

However within the greatest ever examine of real-world mortgage information, economists Laura Blattner at Stanford College and Scott Nelson on the College of Chicago present that variations in mortgage approval between minority and majority teams is not only right down to bias, however to the truth that minority and low-income teams have much less information of their credit score histories.

Which means that when this information is used to calculate a credit score rating and this credit score rating used to make a prediction on mortgage default, then that prediction might be much less exact. It’s this lack of precision

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UK’s ICO warns over ‘large knowledge’ surveillance risk of reside facial recognition in public – TechCrunch

The UK’s chief knowledge safety regulator has warned over reckless and inappropriate use of reside facial recognition (LFR) in public locations.

Publishing an opinion at the moment on the usage of this biometric surveillance in public — to set out what’s dubbed because the “guidelines of engagement” — the knowledge commissioner, Elizabeth Denham, additionally famous that various investigations already undertaken by her workplace into deliberate purposes of the tech have discovered issues in all instances.

“I’m deeply involved in regards to the potential for reside facial recognition (LFR) expertise for use inappropriately, excessively and even recklessly. When delicate private knowledge

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