CFPB: Algorithms, artificial intelligence, and fairness in home appraisals
CFPB: Algorithms, artificial intelligence, and fairness in home appraisals. “Today, the CFPB is taking another step toward accountability for automated systems and models, sometimes marketed as artificial intelligence (AI). The CFPB is proposing a rule to make home appraisals computed by algorithms fairer and more accurate. This initiative is one of many steps we are taking to ensure that algorithms and AI are complying with existing law.”