Member-only story
Reducing Bias in AI: How Compliance and Internal Audit Specialists Can Leverage Fairlearn
In a world where artificial intelligence (AI) is rapidly becoming integral to decision-making processes, the question of fairness has taken centre stage. Whether in hiring, lending, healthcare, or criminal justice, AI models influence key outcomes that impact individuals and communities. Ensuring that these models operate fairly and free from bias is not just an ethical concern; it’s also a regulatory requirement in many industries. Enter Fairlearn: a powerful open-source tool designed to help compliance officers and internal auditors detect, evaluate, and mitigate bias in AI systems.
What Is Fairlearn?
Fairlearn is an open-source Python library developed by Microsoft that focuses on assessing and improving fairness in machine learning models. It provides a set of tools that allow organisations to detect biases in AI models and correct them, ensuring compliance with regulations and ethical standards. For professionals tasked with ensuring fairness and transparency in AI models, Fairlearn is an invaluable resource.
The Growing Importance of Fairness in AI
AI has the potential to revolutionise industries by automating decisions and improving efficiency. However, unintended biases…