Zev Porat

Saturday, February 11, 2017

How algorithms (secretly) run the world

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.

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.

Read more:
https://www.yahoo.com/news/algorithms-secretly-run-world-061905775.html
www.yahoo.com
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


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