Earlier quoted context omitted.
Well, 90% yes and 10% no, in my opinion. Yes, because of the obvious ramifications, as you've alluded to. No, because it's a private company you're asking the loan of. If they don't want to lend to you, then they don't have to lend to you. I believe they should be able to come to this conclusion however they like, except based on the obvious factors like culture, gender (or lack/fluidity of), etc. but mostly yes. I t…
> I believe they should be able to come to this conclusion however they like, except based on the obvious factors like culture, gender (or lack/fluidity of), etc. Really? How do you figure? I genuinely cannot tell how you are reconciling these two points of view. While should a private business be able to do business however it wants, but somehow be restricted when it comes to this list of 3-4 factors? Can you elabor…
I don't get how you're confused by this notion. A business should be able to operate however it likes, within the confines of the laws of society. What don't you get about that?
> More specifically, how do you reconcile this opinion with the fact that many algorithmic models do perpetuate existing discriminations against these groups that you listed, despite these things supposedly not being parameters of the algorithms?
I'm sure there are many examples of laws not being obeyed, ethics being dodged, or morality being misaligned, but that doesn't take away the simple fact that a business should be able to do business however it likes provided it's obeying the law. If a business is not obeying the law, then it's prevented from doing business. If it's not prevented despite the obvious legal breaches, then it's corrupt or the government is corrupt.
Is there something about this you're missing?