Opening Insights
Pocket Wisdom Insights (PWI) invites you to explore the following Co-Lab Blog.
This blog features parts of influential and insightful article written outside of the PWI Co-Lab
written outside of the PWI Co-Lab by Rob Lever, on February 10, 2017, published by AFP
We have republished this content in respect of the author’s vision, message and research.
Washington (AFP) - When you browse online for a new pair of shoes, pick a movie to stream on Netflix or apply for a car loan, an algorithm likely has its word to say on the outcome.
The complex mathematical formulas are playing a growing role in all walks of life: from detecting skin cancers to suggesting new Facebook friends, deciding who gets a job, how police resources are deployed, who gets insurance at what cost, or who is on a "no fly" list.
Informational Insights
Algorithms are being used -- experimentally -- to write news articles from raw data, while Donald Trump's presidential campaign was helped by behavioral marketers who used an algorithm to locate the highest concentrations of "persuadable voters."
But while such automated tools can inject a measure of objectivity into erstwhile subjective decisions, fears are rising over the lack of transparency algorithms can entail, with pressure growing to apply standards of ethics or "accountability."
Data scientist Cathy O'Neil cautions about "blindly trusting" formulas to determine a fair outcome.
"Algorithms are not inherently fair, because the person who builds the model defines success," she said.
Source: https://www.yahoo.com/news/algorithms-secretly-run-world-061905775.html
Possibilities for Consideration
Take a moment and examine…
- As you reviewed the material above, what stood out to you?
- What is the potential impact, economically and/or socially?
- What action is needed to stop or support this idea?
- You may want to consider whether you:
- want to be aware of,
- should become supportive of,
- would want to be active in this topic?
Add Your Insight
I have been impressed with the urgency of doing. Knowing is not enough; we must apply.
Being willing is not enough; we must do.
LEONARDO DA VINCI