In the last chapter, you learned how to assess the risk of a particular algorithm being biased. The conclusion was that in many situations, we may find that a certain risk of algorithmic bias is present but that based on a cost-benefit analysis, the algorithm will still make better decisions than other approaches (such as even more biased humans). This situation can be compared to a life-saving medicine with serious side-effects. Just as the doctor will try to find ways to alleviate the side-effects of a medication, in this chapter we will discuss what steps ...
14. How to Use Algorithms Safely
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