MUMBAI: Reserve Bank of India wants lenders to ensure that algorithms used to make or materially influence credit decisions ...
Supervised learning algorithms learn from labeled data, where the desired output is known. These algorithms aim to build a model that can predict the output for new, unseen input data. Let’s take a ...
The Reserve Bank of India mandates that lenders provide explanations for credit application rejections, emphasizing the need ...
In October, Amazon had to discontinue an artificial intelligence–powered recruiting tool after it discovered the system was biased against female applicants. In 2016, a ProPublica investigation ...