US lawmakers have introduced a bill that would require large companies to audit machine learning-powered systems — like facial recognition or ad targeting algorithms — for bias. The Algorithmic Accountability Act is sponsored by Senators Cory Booker (D-NJ) and Ron Wyden (D-OR), with a House equivalent sponsored by Rep. Yvette Clarke (D-NY). If passed, it would ask the Federal Trade Commission to create rules for evaluating “highly sensitive” automated systems. Companies would have to assess whether the algorithms powering these tools are biased or discriminatory, as well as whether they pose a privacy or security risk to consumers.
The Algorithmic Accountability Act is aimed at major companies with access to large amounts of information….
The Verge – Tech Posts