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Practical solutions to combating bias & discrimination in lending decisions
Dec 06, 2023
Room 1A22
Finance Stage
- Though AI is beneficial from an automation standpoint, it can sustain bias and unfair lending practices and prevent historically disenfranchised groups from participating equally in our financial ecosystem
- What are the ways we can combat this?
- Discussion centers around data augmentation with synthetic data models, regular bias testing, building fair and transparent algorithms for training and education and more
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