Understanding Bias in Algorithms

The video discusses the inherent bias in algorithms and AI, emphasizing that they are not objective and often perpetuate existing biases. It highlights the lack of regulation and understanding by governments, leading to misuse in areas like finance, liberty, livelihood, and information. The video warns of a dystopian future where algorithms dictate life outcomes based on biased data, stressing the need for transparency and enforcement of anti-discrimination laws.

How do algorithms influence the future according to the video?

• By preventing any changes.

• By ensuring fairness.

• By causing it through biased decisions.

• By accurately predicting it.

What is a major issue with government regulation of AI?

• Regulations are too lenient.

• Regulations are too strict.

• Lack of understanding and regulation.

• Too many regulations are in place.

What is a common misconception about algorithms?

• They are inherently fair and objective.

• They are always accurate.

• They can replace human judgment.

• They are easy to understand.

What is the risk of using historical data in algorithms?

• It makes algorithms too complex.

• It increases costs.

• It leads to biased predictions.

• It slows down processing speed.

What is a common belief about algorithms that leads to a lack of questioning?

• They are always wrong.

• They are too expensive to change.

• They are inherently fair.

• They are too complex to understand.

Which of the following is NOT a category where algorithms are misused?

• Healthcare

• Liberty

• Financial

• Livelihood

Which category involves algorithms deciding on credit card offers?

• Liberty

• Information

• Financial

• Livelihood

What is a potential outcome of biased algorithms in the job market?

• Higher salaries for everyone.

• Increased job satisfaction.

• Preference for certain names or backgrounds.

• Equal opportunities for all.

What is the fourth category of algorithm misuse mentioned?

• Transportation

• Information

• Education

• Healthcare

What is a concern about the future use of algorithms?

• They will become obsolete.

• They will dictate life outcomes based on bias.

• They will be too expensive to use.

• They will require too much data.