Recent research from the University of Bath shows discrimination against women worsens if Artificial Intelligence (AI) is used by lenders for loans, but that ethical lenders could choose to tweak the AI algorithms to address this bias and still improve their profits as well as their brand reputation.
AI can mitigate bias against women in loan decisions and boost lenders’ profits and reputations
Reader’s Picks
-
If you’re a young person (or a parent of one), you may be thinking some big thoughts about your future. [...]
-
U.S. vice presidential candidate Sen. JD Vance recently made headlines after previous remarks he made in 2021 resurfaced in which [...]
-
Do you think a robot should be allowed to lie? A new study published in Frontiers in Robotics and AI [...]