ExplanationIntermediate
What are the three perspectives of fairness in AI decision-making discussed in the chapter?
The three perspectives of fairness in AI decision-making discussed are individual fairness, which ensures similar treatment for similar individuals; group fairness, which aims for equal treatment across different groups; and the recognition that choosing the appropriate concept of fairness is a complex decision-making process influenced by ethical standards and societal values.
Key points
- Individual fairness ensures similar treatment for similar individuals.
- Group fairness aims for equal treatment among different groups.
- Choosing the right fairness concept is a complex decision influenced by ethics and societal values.
Source:AI in Finance: Shaping the Future of Intelligent Automation and Financial Services· AI-Driven Automation: Revolutionizing Financial Operations and Efficiency· p. 102–107
Related questions
AI in Finance: Shaping the Future of Intelligent Automation and Financial Services
Krishan Arora & Himanshu Sharma
Volume 1 · World Scientific Publishing Europe Ltd.