Algorithmic Fairness Issues and Consequences

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This week we’re talking about the role of fairness in AI/ML. It is becoming increasingly apparent that incorporating fairness into our AI systems and machine learning models while mitigating bias and potential harms is a critical challenge. Not only that, it’s a challenge that demands a collective effort to ensure the responsible, secure, and equitable development of AI and machine learning systems.

But what does this actually mean in practice? To find out, we spoke with Nick Schmidt, the Chief Technology and Innovation Officer at SolasAI. In this week’s episode, Nick reviews some key principles related to model governance and fairness, from things like accountability and ownership all the way to model deployment and monitoring.

He also discusses real life examples of when machine learning algorithms have demonstrated bias and disparity, along with how those outcomes could be harmful to individuals or groups. 

Later in the episode, Nick offers some insightful advice for organizations who are assessing their AI security risk related to algorithmic disparities and unfair models.

Additional tools and resources to check out:
AI Radar
ModelScan
NB Defense

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