The Algorithmic Accountability Act

The Algorithmic Accountability Act is proposed legislation aimed at ensuring companies that develop or use automated decision-making systems—like AI and machine learning—are responsible for their impacts. It requires these companies to evaluate how their algorithms affect privacy, fairness, and safety, especially in areas like hiring, lending, or criminal justice. The goal is to promote transparency and prevent biases or errors that could harm individuals or groups. Essentially, it pushes companies to audit and correct their algorithms to ensure they’re fair, accurate, and do not cause unintended harm.