Algorithms lead to biased loan decisions 83%

Truth rate: 83%
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Info:
  • Created by: Rían Doherty
  • Created at: Sept. 26, 2024, 10:39 p.m.
  • ID: 10808
Related:
Emotional biases often lead to poor decision-making 90%
90%
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Emotional biases often lead to poor decision-making
Thoughtful decisions lead to effective problem-solving 77%
77%
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Thoughtful decisions lead to effective problem-solving
Impulsive decisions lead to regrets 44%
44%
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Impulsive decisions lead to regrets
Poor decisions lead to negative consequences 75%
75%
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Poor decisions lead to negative consequences
Human judgment supersedes IoT algorithmic decisions 94%
94%
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Risks of biased decision-making due to inadequate data representation 83%
83%
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The complexity of big data algorithms can lead to incorrect results 95%
95%
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Excessive reliance on machine learning can lead to bias 92%
92%
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Censorship leads to biased information 74%
74%
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Investment decisions can lead to significant losses 97%
97%
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Investment decisions can lead to significant losses