5.2.10

Automated Decision-Making

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Automated Decision-Making

Automated decision-making, driven by algorithms, plays a significant role in various aspects of modern life. It raises ethical concerns about fairness, bias, and accountability.

Tailoring experiences algorithms

Tailoring experiences algorithms

  • Automated decision-making algorithms are widely used to tailor user experiences.
    • For example: determining content shown on social media feeds based on past interactions and interests.
  • While personalisation can enhance user engagement, it also raises concerns.
    • Users are only exposed to content that reinforces their beliefs, potentially leading to a more close-minded society.
Algorithm based assessment

Algorithm based assessment

  • Algorithms may assess the likelihood of a criminal reoffending or determine a candidate's eligibility for a loan.
    • Algorithms often do such assessments without considering context-specific factors.
    • Such factors would be included in human judgment.
  • Algorithm-based assessment leads to fears of unfair or biased outcomes.
Streamlining hiring

Streamlining hiring

  • Despite ethical concerns, the use of automated decision-making has led to increased efficiency in many sectors.
    • For example: in employment, algorithms can streamline hiring by pre-screening applicants based on desired traits.
    • Streamlining hiring allows companies to fill positions more swiftly.
Algorithmic trading

Algorithmic trading

  • In the financial sector, algorithmic trading has become dominant.
    • Algorithmic trading allows for rapid decision-making based on historical data to predict market movements.
Fairness

Fairness

  • To ensure fairness, these algorithms must be transparent, rigorously tested, and supplemented with human oversight to prevent biased or unethical decisions.
Jump to other topics
1

Components of a Computer

2

Software & Software Development

3

Exchanging Data

4

Data Types, Data Structures & Algorithms

5

Legal, Moral, Cultural & Ethical Issues

6

Elements of Computational Thinking

6.1

Thinking Abstractly

6.2

Thinking Ahead

6.3

Thinking Procedurally

6.4

Thinking Logically

6.5

Thinking Concurrently

7

Problem Solving & Programming

8

Algorithms

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