Do you agree with O'Neil's argument that many Big Data algorithms make the poor are particularly vulnerable to exploitation?
o Do you agree with O'Neil's argument that some of the algorithms promote discrimination especially in vulnerable population?
o Reference specific examples from the talks that affect people's lives due to algorithms that lead to bad decision making.
o Do you feel that current Big Data algorithms are better than the situation we had before where people were denied credit, parole and jobs for all sorts of whimsical decisions on the part of the human decision makers?
Answer:
Do you agree with O'Neil's argument that many Big Data algorithms make the poor are particularly vulnerable to exploitation?
I agree with O'Neil's argument because big data algorithms such as credit scoring does not favor the poor since their credit score is low.
Do you agree with O'Neil's argument that some of the algorithms promote discrimination especially in vulnerable population?
I agree with O'Neil's argument because big data algorithms such as credit scoring and predictive analytics raise considerable concerns, among which the most pressing is the risk of discrimination.
Reference specific examples from the talks that affect people's lives due to algorithms that lead to bad decision making.
Algorithms is used in computers in areas such as calculation, data processing, and automated reasoning. Algorithms can fail people and lose money in bitcoin games.
Do you feel that current Big Data algorithms are better than the situation we had before where people were denied credit, parole and jobs for all sorts of whimsical decisions on the part of the human decision makers?
Yes. I feel the current Big Data algorithms are better than before because it has improved on areas such as automation of computer processes.
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