If you’ve applied for credit recently, it’s likely an AI system provided the approval. But how is the algorithm reaching its conclusion? And in a world where thousands of data points are being fed into AI models, how can businesses ensure their AI systems are making fair decisions — free from bias? In this episode, host Tori Weldon explores how AI bias can perpetuate racism and “redlining”, and how adopting better AI governance and oversight can help build more responsible AI. 

You’ll hear from Crystal Marie McDaniels, a first-time home buyer looking for answers about why her mortgage application was initially rejected, and Allison Bethel, Director of the Fair Housing Legal Clinic and Professor at the University of Illinois Chicago School of Law, who represents clients who face discriminatory bias. You’ll also hear from the technologists at KPMG, Swami Chandrasekaran and Kelly Combs, who developed a framework and governance approach to ensure AI is used responsibly. 

Speed to Modern Technology is an original podcast from KPMG. For more details on this episode, including transcripts, links and speaker bios, go to listen.kpmg.us/TechPodcastAIinControl