Ethics and economics that should never be used in the same sentence

The purpose of writing this paper is to analyze a perspective or argue a point thus demonstrating your knowledge, writing and vocabulary skills, and ability to do a great research on a given topic.

Ethics and economics that should never be used in the same sentence

The future is platforms Our human biases become part of the technology we create My research with Yiangos Papanastasiou Berkeley and Kostas Bimpikis Stanford demonstrates that the world of recommendations based on consumer reviews also suffers from such self-perpetuating cycles.

For example, a positive customer review of a hotel on TripAdvisor will lead to more people wanting to visit the establishment. More customers, more reviews, more social proof.

Ethics and economics that should never be used in the same sentence

But what about a less-explored alternative option? Even a superior hotel will find it difficult to prove its worth if it receives less attention. Self-perpetuating cycles can create bias in algorithms. Sometimes what leads to bias is much simpler.

Imagine you were trying to teach a computer about facial recognition by taking your own set of Facebook friends as a starting point. Unintentionally, by starting from information based on your personal network, you will create an algorithm that recognises faces of people that look like your friends but fails to recognise faces that look different to them.

The same can be said for data that is only representative of the past but not of the present or the future. In this way, our human biases become part of the technology we create.

Tech giants such as Google are beginning to educate people about such biasbut still have a way to go. Finally, even if the data used to train an algorithm is free from the biases described, algorithms may still prove problematic.

Because users rely on the recommendations too much. First, we tend to forget that predictions are not always perfect. So algorithms can make mistakes. Indeed, when mathematically scrutinised, it appears that the algorithm does not discriminate by race — someone classified as high risk has the same probability of reoffending irrespective of race.

A greater share of black defendants a minority with a higher recidivism rate than average who do not reoffend are classified as high risk compared to the average. Given the former, the latter is inevitable: Black defendants are more likely to be classified as high risk. For example, if previous convictions and propensity to reoffend are correlated, and if more black defendants have previous convictions, then an algorithm that uses previous convictions to calculate risk will rate black defendants as higher risk than white defendants.

If a greater proportion of black defendants are classified as high risk, and if high-risk classification is not always perfect, then a greater share of black defendants who do not reoffend will be classified as high risk. On 26 Septemberan algorithm using satellite data told Petrov that the US had launched five nuclear-armed intercontinental ballistic missiles.

It turned out that there had been a computer malfunction and by not escalating the alarm he avoided a disastrous nuclear war.

But as Petrov helped design it, he knew the limitations. With great consideration, he decided to rely on his own judgement more than the information gleaned from an intelligent computer. Whenever we design decision tools that use algorithms, we have the responsibility to create processes that empower people to still apply their judgement and common sense.Ethics and morals are terms that refer to the principles that govern our relationships with other people: the ways we ought to behave, the rules and standards that we should employ in the choices we make.

May 06,  · What is ethical behavior? Is it based in religion or is it based only in the secular world? Let’s look at some definitions from various sources and then go from there. defines ethics as: a system of moral principles: the ethics of a culture. . It's is fair that death sentence prisoners can be used because they shouldn't have committed the crime when they had a choice, they should have just not done it and lived a life without all this hassle. A theory of ethics should.

set forth systematically the first principles of morality; show how to justify these principles, and, as a result, elucidate a conception of a life of excellence for people. Topic Sentence Personal Ethics Statement Thesis statements and topic sentences help organize the ideas in an essay.

Ethics and economics that should never be used in the same sentence

Academic writers are expected to use thesis statements and topic sentences. Academic essays are often organized using the following pattern: Introduction—the first paragraph of . Deontology vs Teleology. Ethics or moral philosophy is a branch of philosophy that involves questions about morality and the perception of good and evil, of right and wrong, of justice, virtue, and vice.

Should prisoners be used in scientific experiments? |