Companies use AI to remove bias from current AI systems

July 1, 2021

The National Institute of Standards and Technology, a government research laboratory, released a proposal this week detailing how businesses can fight bias embedded in artificial intelligence (AI) technology. Many within the tech industry acknowledge the unintended consequences of bias in current systems and the need to remove it. Studies in recent years have pointed to bias against women, racial minorities and other groups from a wide variety of technologies that are supported by AI.

Recent News

Tesla Faces Uphill Battle with Shareholder Votes

In a bid to navigate the treacherous terrain of shareholder approval, Tesla’s chairperson, Robyn Denholm, likened the challenges ahead to scaling “Mount Everest.” This revelation comes amidst the looming votes on relocating Tesla’s headquarters to Texas and ratifying CEO Elon Musk’s staggering $56 billion compensation plan. Denholm’s remarks, as reported by the Financial Times on Friday, shed light on the uphill battle the electric vehicle giant faces in its quest for shareholder support.

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.