Multiple Choice 2 points
Why could banks using AI in their loan process potentially create unintended consequences?
AI approved loans have accidentally "rubber stamped" all applications resulting in everyone that applied receiving a loan.
Such systems can increase disparities based on socioeconomic background, ethnic category, or education level.
AI loan systems are fully transparent, allowing applicants to game the algorithm to guarantee their loan approval.
All of the above are correct.
None of the above are correct.