mortgage

Wed
14
Jun
John Lister's picture

Official Warns AI Could Heighten Bias

A senior European official has warned that using Artificial Intelligence (AI) to decide whether to offer a mortgage could lead to discrimination. Margrethe Vestager said this was a more likely risk than dramatic predictions of AI leading to human ... distinction. Vestager is the European Commissioner for Competition. That's a key position as not only is she responsible for competition and antitrust issues across the 27 countries in the European Union, but her work affects businesses around the world that operate in Europe, including tech companies. Talking to the BBC she warned that AI can ... (view more)

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