Meet the New Algorithms
John Quiggin, a Professor of Economics at the University of Queensland, writes about the new algorithms not only being no better than the old, but worse.
Over at https://insidestory.org.au/will-a-robot-take-your-job/ you'll find a short article exploring three recent books on the topics of work, artificial intelligence and computing.
Right now, AI is merely sophisticated statistical algorithms that exhibit the same flaws as their programmers and modelers.
"Decisions nominally made by AI algorithms inevitably reflect the choices made by their designers. Whether those choices are the result of careful reflection, or of unthinking prejudice, is up to us."