Are Computer Programs Biased or Unbiased?
Last week’s article titled “The Government Screwing Over an Entire Industry” strengthened my conviction how eager and anxious Fannie, Freddie, and certain Congress persons are to replace appraisers with computer programs. The idea is that computers will do it more fairly and with equal justice and allow for “generational wealth”. They contend that appraisers are trying very hard to prevent this.
On 10/12/22, PBS aired the documentary “Computers vs Crime” investigating the hidden biases, privacy risks, and design flaws of the artificial intelligence being used by police departments and courts across the country to help decide who is policed, who gets bail, how offenders should be sentenced, and who gets parole. Essentially, the narrative was that police departments and courts are using unfair practices and methods to create unequal justice and prevent equal social justice. The description of the show (essentially the description of the alleged unfair practices and methods) was:
“The hidden biases, privacy risks, and design flaws of the artificial intelligence programs relied on by police departments and the courts”.
So you see, whether or not the computer program is despised or supported depends on the narrative being spewed. Which is it? Are computer programs good for generating appraisal values but when the narrative is to influence an anti-police sentiment using computer programs is too problematic?
At any rate, the mouths that spew all this stuff know all of this. However, you can’t debate with people who already recognize the truth but don’t want to hear it because it doesn’t fit their narrative. You can’t argue with people who know the truth but are desperate to virtue signal. It’s a waste of breath. They already know that appraisers aren’t out here everyday trying to screw minorities. But that won’t work for the advancement of their narrative or the appearance of their virtue compliance.
As I said before many times, I appraise inanimate objects, I don’t appraise people. I can tell you the value of a Babe Ruth rookie baseball card based upon it’s condition, quality of the ink, etc., but if you want to know about Babe Ruth the person, go to Wikipedia.
Brian Stevens used the word “agitate” in his podcast. I believe the more accurate word is “instigate”. That’s what it’s all about, instigating and fomenting a “you versus the appraiser” adversarial dynamic.