Algorithmic Discrimination in Financial Markets | Investor's Almanac

The European Union's General Data Protection Regulation (GDPR) is addressing algorithmic bias. Algorithmic bias can perpetuate social biases and reinforce existing power structures. FINRA and SEC are working to develop guidelines and regulations for addressing algorithmic bias in financial markets. Google has developed an AI model that can detect and mitigate algorithmic bias in investment decisions. Facebook has developed an AI model that can detect and mitigate algorithmic bias in online advertising.