Predictive Algorithms
topic on 2 shows · 4 statements across 2 episodes
the MAD Podcast 
Big Technology
4 statements about Predictive Algorithms, every show
Véliz: Predictive AI creates self-fulfilling prophecies with zero error signals
“Self-fulfilling prophecies are like the perfect crime. Because it's like a murder weapon that disappears upon striking. It leaves no record. It creates no error signals. We will never know how that person would have fared, because they will never get the job, …”
Véliz: Predictive lending models are uncontestable and shroud injustice
“And I reject your application on the basis of a prediction. There's no way you can contest that, because predictions are not facts. At best, they're educated guesses. And because they're not facts, you cannot prove it to be false. And so, it's a way to shroud …”
Véliz: Predictive algorithms are actively used for sentencing in justice systems
“No, but we're using predictive algorithms in the justice system for sentencing, for many aspects in the justice system, and for the reasons that we explored with insurance, or with loans, or with jobs, that's very problematic.”
Selling predictive algorithms requires giving visibility into underlying drivers
“I think if people don't know who you are, and you come out and say, hey, I can predict X, Y, and Z really well with this score it's a really tough sell. So I think, you know, you have to build trust and credibility. You have to give visibility into the drivers…”