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1996-12-12 - Re: Redlining

Header Data

From: ichudov@algebra.com (Igor Chudov @ home)
To: cypherpunks@toad.com
Message Hash: 50ac848364ea9100452512c2f5493d05ab8267731803fc342eec5bb03c9ecedd
Message ID: <199612120438.WAA04640@manifold.algebra.com>
Reply To: <v03007802aed4fae4d4ab@[207.167.93.63]>
UTC Datetime: 1996-12-12 04:42:57 UTC
Raw Date: Wed, 11 Dec 1996 20:42:57 -0800 (PST)

Raw message

From: ichudov@algebra.com (Igor Chudov @ home)
Date: Wed, 11 Dec 1996 20:42:57 -0800 (PST)
To: cypherpunks@toad.com
Subject: Re: Redlining
In-Reply-To: <v03007802aed4fae4d4ab@[207.167.93.63]>
Message-ID: <199612120438.WAA04640@manifold.algebra.com>
MIME-Version: 1.0
Content-Type: text


Timothy C. May wrote:
> At 5:07 PM -0600 12/11/96, Igor Chudov @ home wrote:
> >Correlation is not an evidence of discrimination, at least to me.
> >
> 
> Nor is it to me. So neither of us will likely object to the neural
> net-based lending programs which feed in a bunch of applicant data points,
> train the net by providing feedback on who repaid their loans and with what
> complications, etc. Even if such nets end up rejecting
> "otherwise-qualified" (a la your other post) applicants in such a way that
> the accept/reject ratios appear strongly correlated with certain
> ethnicities?
> 
> (Another member of the list sent me private e-mail about his experiences
> writing a "scoring program" for a bank making just the kinds of loans we're
> talking about here. He recounted his bank's very real experiences with loan
> paybacks by various ethnic and national groups. Nothing very surprising, to
> me.)

My readings on neural nets made an impression that they are not
necessarily good at all.

	- Igor.

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