Unprecedented Insights, But Unwieldy Governance: The Problem With Algorithmic Tools
At the “Algorithmic Malpractice & Lawfare” session of Legalweek 2020 in New York, a panel of legal and tech experts examined the paradox at the heart of today’s most cutting-edge innovations.
In the digital age, it is too often the case that a technology’s benefits can be too good to be true. Algorithmic and artificial intelligence-based decision-making programs, for instance, can help schools better ensure academic success and help insurance companies set more accurate policy pricing. But its benefits come at a price, specifically, the steep challenge of trying to understand, limit, and govern the tool, and how it’s used.
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