Artificial Intelligence Briefing: Feds Take Aim at Algorithmic Bias

The Federal Trade Commission delivered a report to Congress warning about the use of artificial intelligence to combat online harms. The June 16 report lays out the FTC's latest thinking on AI, and any organization that uses algorithmic decision-making in a way that impacts consumers should take heed. Key takeaways include: The importance (and limitations) of having a human in the loop. The need for AI to be "meaningfully transparent, which includes the need for it to be explainable and contestable, especially when people's rights are involved or when personal data is being collected or used." Companies that use AI "must be accountable both for their data practices and for their results" and should consider independent audits and algorithmic impact assessments.