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Old 01-05-2015, 06:58 PM   #1058
taxwonk
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Re: It was HAL 9000!

Quote:
Originally Posted by Sidd Finch View Post
Sorry, but no -- those are different issues. Related, but different.
I see what you're saying, in that someone isn't setting out saying to themselves "I will design an algorithm to support not lending to black people because they are all deadbeats and they don't take care of their homes so we lose a ton on the foreclosure." But, if you know that what your algorithm is going to produce, and you use it anyway, Doesn't your difference lose its distinction?

If we accept the notion that selection bias poisons the process, then how can we use the process but deny that we are exercising bias? I'm really trying to get my head around this. But it keeps coming back to the same place.
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