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Algorithms Are Ubiquitous in Our Technological Society

question 21

Essay

Algorithms are ubiquitous in our technological society. To what extent are algorithms biased in the way they operate? As part of your response focus not only on how algorithms operate, but also on the reasons underlying their biases.


Definitions:

Labor Market

The supply and demand for labor, where employers seek to hire workers and workers seek employment, typically analyzed by wages, hours, and conditions.

Fairness

The characteristic of forming opinions that are unbiased and honest.

Unemployment

The situation when individuals who are capable of working and actively seeking employment cannot find a job.

Ultimatum Game

An economic experiment and game theory scenario where two players decide how to divide a sum of money between them.

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