The Inspire Economics Podcast: Recent Episodes
Inspire Economics
The Inspire Economics Podcast is aimed at explaining seemingly difficult economics concepts in simple terms to Tamil audience
Are you looking to make a career in economics and are confused ? you are in the right place. In this podcast we talk about the top job roles in various sectors that you could take-up as an economics graduate.
In the year 2017, Burberry burned clothes worth 36.8 Million $. Not only Burberry, many fashion giants have been destroying their clothes. Every wondered why? The answer is Fast fashion and Artificial scarcity! To know more about these concepts listen to the full episode.
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Algorithmic bias or AI bias as it is called, refers to the “systematic and repeatable errors in a computer system that create unfair outcomes, such as privileging one arbitrary group of users over others.” The general intention behind delegating a task to AI is its objectivity, precision and effectiveness. But a number of case studies prove that human prejudices have sneaked into data sets, making Machine Learning models biased and unreliable. From music playlists to judicial decisions, these faulty algorithms are already a part of our daily lives which makes understanding and rectifying these algorithms a crucial task. In this episode we look at the causes and solutions of AI Bias.
Special thanks to Mrs. Dhivya
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In the first episode of The Inspire Economics Podcast we explain what this podcast is all about and why you should follow us. Stay tuned for Interesting Economics topics.