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Businesses have a moral duty to explain how algorithms make decisions that affect people

 E-Mail Increasingly, businesses rely on algorithms that use data provided by users to make decisions that affect people. For example, Amazon, Google, and Facebook use algorithms to tailor what users see, and Uber and Lyft use them to match passengers with drivers and set prices. Do users, customers, employees, and others have a right to know how companies that use algorithms make their decisions? In a new analysis, researchers explore the moral and ethical foundations to such a right. They co...
Bryanr Routledge Carnegie Mellon University Council Of The European Union Society For Business Ethics European Union European Parliament

How To Profit From Bitcoin, Ether, And Crypto With Traditional Stocks

How To Profit From Bitcoin, Ether, And Crypto With Traditional Stocks Share to Facebook Share to Linkedin Data analyzing in exchange stock market: the candle chars on display. Analytics price change cryptocurrency BTC to USD (Bitcoin / US Dollar), the most popular pair in the world. Big Bitcoin logo. getty Although the price of bitcoin, ether, and dozens of other crypto assets have surged this year, many investors remain on the sidelines due to a multitude of reasons, such as educational or tec...
United States Citi Fintech Us Department Of Defense Columbia University School Of International International Affairs Consumer Bank
Source: forbes.com

Can an AI algorithm mitigate racial economic inequality? Only if more black hosts adopt it

 E-Mail Machine learning algorithms can leverage vast amounts of consumer data, allowing automation of business decisions such as pricing, product offerings, and promotions. Airbnb, an online marketplace for vacation rentals and other lodging, created an algorithm-based smart-pricing tool that is free to all Airbnb hosts and allows hosts to set their properties daily price automatically. A new study investigated the impact of Airbnbs algorithm on racial disparities among Airbnb hosts. Adopting...
Shunyuan Zhang Kannan Srinivasan Param Vir Singh Carnegie Mellon University Tepper School Of Business Professor Of Marketing At Harvard Business School

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