AI algorithms used in automated decision-making systems, such as job applications, home loans, credit limit increases, and car loans, exhibit systematic bias against protected groups including women, people over 50, LGBTQI+ individuals, people with disabilities, and people of color, making their applications more likely to be rejected.
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The Bias Baked In Tracey Spicer on AI Power and Women | Ep. 67Added:
If you are applying for a job, if you're applying for a home loan, or an increase on your credit limit, or a loan to get a car, whenever there's anything to do with an online application where the algorithm makes the decision, if you're a woman, someone over the age of 50, if you're LGBTQI+, if you are someone who lives with a disability, or if you are a person of color, it is more likely that your application will be rejected.
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