What Is AI Fairness and Why It Matters?
Get the basic overview of AI Fairness.
What is AI fairness?
Algorithms surround us in our daily lives. They decide what we see on social media, what movie we should watch next, and what we buy. But there are more serious things. When we pay in the online shop, an algorithm authenticates our payment by comparing it to typical transactions. When we buy car insurance, a model determines the payment amount based on various attributes (like experience, age, and past accidents). It would be nice if those algorithms were reliable and just. But we all know that these models are not always perfect and sometimes make mistakes.
But what will happen if someone has bad luck and algorithms are constantly wrong about them? There can be multiple reasons. Maybe one is a member of a minority group, and ...