Large Language Models (LLMs) are increasingly integrated into critical decision-making processes, such as loan approvals and visa applications, where inherent biases can lead to discriminatory outcomes. In this paper, we examine the nuanced relationship between demographic attributes and socioeconomic biases in LLMs, a crucial yet understudied area of fairness in LLMs. We introduce a novel dataset of one million English sentences to systematically quantify socioeconomic biases across various demographic groups. Our findings reveal pervasive socioeconomic biases in both established models such as GPT-2 and state-of-the-art models like Llama 2 and Falcon. We demonstrate that these biases are significantly amplified when considering intersectionality, with LLMs exhibiting a remarkable capacity to extract multiple demographic attributes from names and then correlate them with specific socioeconomic biases. This research highlights the urgent necessity for proactive and robust bias mitigation techniques to safeguard against discriminatory outcomes when deploying these powerful models in critical real-world applications.

Socioeconomic bias in society exacerbates disparities, influencing access to opportunities and resources based on individuals' economic and social backgrounds. This pervasive issue perpetuates systemic inequalities, hindering the pursuit of inclusive progress as a society. In this paper, we investigate the presence of socioeconomic bias, if any, in large language models. To this end, we introduce a novel dataset SilverSpoon, consisting of 3000 samples that illustrate hypothetical scenarios that involve underprivileged people performing ethically ambiguous actions due to their circumstances, and ask whether the action is ethically justified. Further, this dataset has a dual-labeling scheme and has been annotated by people belonging to both ends of the socioeconomic spectrum. Using SilverSpoon, we evaluate the degree of socioeconomic bias expressed in large language models and the variation of this degree as a function of model size. We also perform qualitative analysis to analyze the nature of this bias. Our analysis reveals that while humans disagree on which situations require empathy toward the underprivileged, most large language models are unable to empathize with the socioeconomically underprivileged regardless of the situation. To foster further research in this domain, we make SilverSpoon and our evaluation harness publicly available.

Google and startups like Qure.ai, Aidoc, and DarwinAI are developing AI and machine learning systems that classify chest X-rays to help identify conditions like fractures, collapsed lungs, and fractures. Several hospitals including Mount Sinai have piloted computer vision algorithms that analyze scans from patients with the novel coronavirus. But research from the University of Toronto, the Vector Institute, and MIT reveals that chest X-ray datasets used to train diagnostic models exhibit imbalance, biasing them against certain gender, socioeconomic, and racial groups. Partly due to a reticence to release code, datasets, and techniques, much of the data used today to train AI algorithms for diagnosing diseases may perpetuate inequalities. A team of U.K. scientists found that almost all eye disease datasets come from patients in North America, Europe, and China, meaning eye disease-diagnosing algorithms are less certain to work well for racial groups from underrepresented countries.