bookJan 1, 2016GREEN OA

Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy

Abstract

A former Wall Street quant sounds an alarm on the mathematical models that pervade modern life and threaten to rip apart our social fabricWe live in the age of the algorithm. Increasingly, the decisions that affect our liveswhere we go to school, whether we get a car loan, how much we pay for health insuranceare being made not by humans, but by mathematical models. In theory, this should lead to greater fairness: Everyone is judged according to the same rules, and bias is eliminated. But as Cathy ONeil reveals in this urgent and necessary book, the opposite is true. The models being used today are opaque, unregulated, and uncontestable, even when theyre wrong. Most troubling, they reinforce discrimination: If…

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Topics & keywords

Keywords
  • Democracy
  • Virtue
  • Poverty
  • Loan
  • Inequality
  • Set (abstract data type)
  • Political science
  • Law and economics
UN Sustainable Development Goals
  • No poverty
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