‘Rogue Algorithms’ and the Dark Side of Big Data
- by 7wData
Most of us, unless we’re insurance actuaries or Wall Street quantitative analysts, have only a vague notion of algorithms and how they work. But they actually affect our daily lives by a considerable amount. Algorithms are a set of instructions followed by computers to solve problems. The hidden algorithms of Big Data might connect you with a great music suggestion on Pandora, a job lead on LinkedIn or the love of your life on Match.com.
These mathematical models are supposed to be neutral. But former Wall Street quant Cathy O’Neil, who had an insider’s view of algorithms for years, believes that they are quite the opposite. In her book, Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy, O’Neil says these WMDs are ticking time-bombs that are well-intended but ultimately reinforce harmful stereotypes, especially of the poor and minorities, and become “secret models wielding arbitrary punishments.”
Algorithms are not the exclusive focus of Weapons of Math Destruction. The focus is more broadly on mathematical models of the world — and on why some are healthy and useful while others grow toxic. Any model of the world, mathematical or otherwise, begins with a hunch, an instinct about a deeper logic beneath the surface of things.
[Social9_Share class=”s9-widget-wrapper”]
Upcoming Events
Shift Difficult Problems Left with Graph Analysis on Streaming Data
29 April 2024
12 PM ET – 1 PM ET
Read MoreCategories
You Might Be Interested In
Pig vs Hive vs SQL – Difference between the Big Data Tools
31 Oct, 2017Hadoop is the hot new technology and SQL is the old, tried and tested tool for diving deep into big …
Six reasons why social media analysis makes an impact in marketing
31 Jan, 2017Last year taught us that social media cannot be ignored when it comes to gauging public opinion. Two high-profile events …
Fixed Pricing is a Thing of the Past: How Does Big Data Save Consumers Money?
13 Mar, 2016Doesn’t it frustrate you when you buy an airline ticket to go home for the holidays, only to find out …
Recent Jobs
Do You Want to Share Your Story?
Bring your insights on Data, Visualization, Innovation or Business Agility to our community. Let them learn from your experience.