EbookQA
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

Cover of AI in Finance: Shaping the Future of Intelligent Automation and Financial Services

AI in Finance: Shaping the Future of Intelligent Automation and Financial Services

Krishan Arora & Himanshu Sharma

Volume 1 · World Scientific Publishing Europe Ltd.

View this ebook