FTC Cautions Against Biased Outcomes in Use of AI and Algorithms
As the healthcare and financial impacts of COVID-19 continue to evolve with the global pandemic, the use of AI technology and associated risks have received greater attention.
On April 8, 2020, the FTC posted an extensive summary of its recent enforcement actions, studies, and guidance regarding the use of AI tools and algorithms. The FTC expects the use of AI tools to be transparent, explainable, fair, empirically sound, and managed in a compliant and ethically accountable way.
Source: FTC Cautions Against Biased Outcomes in Use of AI and Algorithms