On Episode 27 I talk with Kareem Saleh of FairPlay. FairPlay is the first Fairness-as-a-Service solution for fair lending compliance that uses AI-powered tools to help assess a lender’s automated decisioning models which can help not only with fairness but as profits as well. You know, Kareem and I dig into what exactly do they mean when it says Fairness-as-a-Service, the types of fairness and inequalities that they’re trying to fix here, you know, racial, gender, economic, all the above.
We also take a pretty deep dive into bias and since algorithms are inherently created by humans, they’ll have some bias in them and so we dig a bit deeper into that and how they are working to essentially limit bias as much as possible. We also dig into the work that Kareem did prior to being a Founder for FairPlay, you know, he worked with retailers, worked in politics in the Obama Administration and so I think it’s a really fascinating and interesting interview, especially when you dig into some of the stuff going on in financial health and wellness today. So, without further ado, Kareem Saleh of FairPlay, I hope you all enjoy the show.
- Kareem’s Journey to FairPlay
- The origins of the name FairPlay and how it ties back to the Olympics
- What they mean by fairness as a service
- Types of fairness they aim to help fix, including gender and racial bias
- How to limit bias in algorithms
- How fair are AI lending models today?
- What lessons Kareem takes from his time in politics
- The shifting dynamic of regulators and how different they can be from one administration to the next
- The current state of financial wellness today
- Whether or not we are becoming too automated
- He recommends reading Boss and The Good Fight
- And more…