>An old saying: "When you hear the word 'ethics,' grab your wallet." Among people who think their wallets matter and other people's lives don't. Merry Children in Cages Christmas.
Anyway, to the actual discussion, the link to the proposed rule is: https://www.consumerfinancemonitor.com/wp-content/uploads/sites/14/2019/08/HUD-Proposed-Disparate-Impact-Rule.pdf And I think a very good description is here: https://www.consumerfinancemonitor.com/wp-content/uploads/sites/14/2019/08/HUD-Proposed-Disparate-Impact-Rule.pdf For those who do not like to download PDFs here is the AI component. Basically building a discriminatory model is only subject to sanctions if the claimant can prove that the model was built with intent to discriminant: 6. Where the cause of a discriminatory effect is alleged to be a model used by the defendant such as a risk assessment algorithm, the defendant can: I. Identify the material factors used in the model and shows that these factors are not substitutes for protected characteristics and that the model is predictive of credit risk or another similar valid objective II. Show that a recognized third party that determines industry standards is responsible for producing, maintaining, or distributing the model, the inputs within the model are not determined by the defendant, and the defendant is using the model as directed by the third party III. Show that the model has been validated by a neutral third party that found it to be empirically derived, that its inputs are not substitutes for protected characteristics, and that it is demonstrably and statistically sound and accurately predicts risk or other valid objectives. On Tue, Dec 24, 2019 at 1:18 PM John Young <[email protected]> wrote: > An old saying: "When you hear the word 'ethics,' grab your wallet." > > > > -- > Liberationtech is public & archives are searchable from any major > commercial search engine. Violations of list guidelines will get you > moderated: https://lists.ghserv.net/mailman/listinfo/lt. Unsubscribe, > change to digest mode, or change password by emailing > [email protected]. -- Prof. L. Jean Camp http://www.ljean.com Research Gate: https://www.researchgate.net/profile/L_Camp DBLP: http://dblp.uni-trier.de/pers/hd/c/Camp:L=_Jean SSRN: https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=262477 Scholar: https://scholar.google.com/citations?user=wJPGa2IAAAAJ <https://scholar.google.com/citations?user=wJPGa2IAAAAJ&hl=en&oi=ao> Make a Difference http://www.ieeeusa.org/policy/govfel/congfel.asp
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