A former Wall Street quant sounds an alarm on mathematical modeling—a pervasive new force in society that threatens to undermine democracy and widen inequality.
We live in the age of the algorithm. Increasingly, the decisions that affect our lives—where we go to school, whether we get a car loan, how much we pay for health insurance—are being made not by humans, but by mathematical models. In theory, this should lead to greater fairness: Everyone is ... >Voir plus