The algorithmic revolution is here
It’s important for organizations to understand and proactively manage the risks presented by algorithms.
The rise of advanced data analytics and cognitive technologies has led to an explosion in the use of algorithms across a range of purposes, industries, and business functions. Decisions that have a profound impact on individuals are being influenced by these algorithms—including what information individuals are exposed to, what jobs they’re offered, whether their loan applications are approved, what medical treatment their doctors recommend, and even their treatment in the judicial system. At the same time, we’re seeing a sharp rise in machine-to-machine interactions that are based in the Internet of Things (IoT) and powered by algorithms.
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Inside Magazine Risk Global edition, February 2018
Inside is Deloitte’s quarterly magazine offering an exclusive insight into best practices, trends and opportunities faced by our clients across all industries.
Inside focuses on the main hot topics relevant for the market (Asset management, Banking, Insurance, Public sector, Healthcare, Private equity, Real estate, TMT, Manufacturing and consumer business, Transport and logistics).