What is algorithm transparency in AI?
Algorithm transparency refers to the clarity and openness of AI systems regarding how they make decisions.
Why is algorithm transparency important?
It's crucial for building trust, ensuring accountability, and allowing users to understand AI decision-making processes.
Can you give me an example of algorithm transparency?
Sure! An example is when a bank explains how its credit scoring algorithm evaluates loan applications.
How can companies improve their algorithm transparency?
Companies can improve transparency by providing clear documentation, using explainable AI techniques, and engaging with stakeholders.
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