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https://www.bpminstitute.org/resources/articles/when-should-you-automate-business-decision
Automated business decision-making provides a significant competitive advantage for companies today because, generally speaking, the faster you can decide on the right response to an opportunity or risk, and consistently act on it, the better the business outcome will probably be. By automating key operational decisions…
https://www.endcode.org/post/automated-decision-making-the-right-to-explanation-part-1
Mar 02, 2020 · Automated Decision Making & The Right to Explanation: Part 1. Every day around the world, an incredible amount of data is gathered and processed by individuals, companies and governments. The purpose of gathering this data is often to make certain decisions, be it to offer an individual a personal loan on the basis that they earn above the ...Estimated Reading Time: 4 mins
https://www.sciencedirect.com/topics/computer-science/automated-decision
The Risk of Automated Decisions. The downside of analytics-driven automated decisions is the risk of incorrect decisions that are carried out automatically without detection until it is too late. There is plenty of evidence that automated decisions in trading of equities have suffered from this symptom where the systems kept making the trading decisions, creating a snowball effect and ...
https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220AB13
Jul 15, 2021 · 12115.4. (a) On or before June 30, 2023, the Department of Technology shall conduct a comprehensive inventory of all high-risk automated decision systems that have been proposed for, or are being used, developed, or procured by, state agencies. The department shall submit a report of the comprehensive inventory to the Legislature by July 31, 2023.
https://www.tvtechnology.com/opinions/automated-decisionmaking
Apr 01, 2011 · Automated decision-making is when a video workflow automation system determines which branches of a process to run, based upon data within the workflow, while the workflow is running. The newest generation of tools for file-based video workflow design and automation allow the ability to model and automate this type of decision-making.Estimated Reading Time: 7 mins
https://greenlining.org/publications/reports/2021/algorithmic-bias-explained/
Feb 18, 2021 · Algorithmic Bias Explained: How Automated Decision-Making Becomes Automated Discrimination. ... accurate and fairer decision-making. However, poorly designed algorithms threaten to amplify systemic racism by reproducing patterns of discrimination and bias that are found in the data algorithms use to learn and make decisions. ...
https://ico.org.uk/for-organisations/guide-to-data-protection/guide-to-the-general-data-protection-regulation-gdpr/individual-rights/rights-related-to-automated-decision-making-including-profiling/
Automated individual decision-making is a decision made by automated means without any human involvement. Examples of this include: an online decision to award a loan; and. a recruitment aptitude test which uses pre-programmed algorithms and criteria. Automated individual decision-making does not have to involve profiling, although it often ...
https://towardsdatascience.com/a-chance-to-get-it-right-embracing-automated-decision-making-48229904b443
Apr 15, 2019 · Automated decisions are of course only as flawed as we are. So rather than insist that they are the problem, it might behoove us to acknowledge that we are. Owning up to our historically unreliable decision-making performance might be the only way to get things right with automated decisions. History repeats itself. At least in the analog world.
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