"Increasingly, algorithmic predictions are used to make decisions about credit, insurance, sentencing, education, and employment. We contend that algorithmic predictions are being used “with too much confidence, and not enough accountability. Ironically, future forecasting is occurring with far too little foresight.”

We contend that algorithmic predictions “shift control over people’s future, taking it away from individuals and giving the power to entities to dictate what people’s future will be.” Algorithmic predictions do not work like a crystal ball, looking to the future. Instead, they look to the past. They analyze patterns in past data and assume that these patterns will persist into the future. Instead of predicting the future, algorithmic predictions fossilize the past. We argue: “Algorithmic predictions not only forecast the future; they also create it.”"

https://teachprivacy.com/the-tyranny-of-algorithms/

#Algorithms #PredictiveAI #PredictiveAlgorithms #AlgorihtmicBias