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Politicians and public officials

Rohit Chopra

Director of the Consumer Financial Protection Bureau, 2021–2025

2 records

Portrait source: Federal Trade Commission, Public domain

Records

Unchecked “AI” poses threats to fairness and to our civil rights in ways that are already being felt.

Rohit Chopra

Director of the Consumer Financial Protection Bureau, 2021–2025

In 2023 prepared remarks, CFPB Director Rohit Chopra said unchecked AI was already threatening fairness and civil rights.

Director of the Consumer Financial Protection BureauApril 25, 2023Consumer Financial Protection Bureau

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Surrounding words

Threats Posed by So-Called “Artificial Intelligence” Unchecked “AI” poses threats to fairness and to our civil rights in ways that are already being felt. Technology companies and financial institutions are amassing massive amounts of data and using it to make more and more decisions about our lives, including whether we get a loan or what advertisements we see.

What this quote does not say

  • Later in the remarks, Chopra said improving home valuation, lending, and marketing is not inherently bad; he attributed the civil-rights threat to irresponsible uses such as black-box models or inputs not carefully studied for bias.

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We will be proposing rules to make sure artificial intelligence and automated valuation models have basic safeguards when it comes to discrimination.

Rohit Chopra

Director of the Consumer Financial Protection Bureau, 2021–2025

In 2023 prepared remarks, CFPB Director Rohit Chopra said the bureau would propose discrimination safeguards for AI and automated home-valuation models.

Director of the Consumer Financial Protection BureauApril 25, 2023Consumer Financial Protection Bureau

Source
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Surrounding words

We are working hard to reduce bias and discrimination when it comes to home valuations, including algorithmic appraisals. We will be proposing rules to make sure artificial intelligence and automated valuation models have basic safeguards when it comes to discrimination. We are also scrutinizing algorithmic advertising, which, once again, is often marketed as “AI” advertising.

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  • Quote matched character-for-character against the captured page.

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an AI reviewer that read the whole source · an automatic character-by-character check