16 Aug Model Error: Not Just In AI, The Central Banks Have It Too
Kate Crawford’s June 2016 NY Times alternately funny and scary op-ed piece exposed the problem of biased stereotyping in AI. The same concerns need to be raised about how our crisis economy is being created and vetted through flaws in our financial models. They all assume that assets are correctly priced and therefore there’s no risk in the financial markets. Read why this is another white guy problem in LinkedIn tomorrow, 8/17.