Artificial intelligence could take important decisions out of the hands of biased people and flawed processes and entrust them to supposedly objective algorithms. The dream is of prison sentences untinged by racism, and hospital care that prioritizes the neediest patients with pinpoint accuracy.
But the algorithms that power these platforms are only as good as the data supplied to them and the humans who build them. Chicago Booth’s Sendhil Mullainathan finds evidence that a faulty algorithm unfairly excluded Black patients from hospital care-management programs. Even when algorithms have good data, Chicago Booth’s Jean-Pierre Dubé sees ways in which they could be unintentionally racist.
However, Mullainathan’s research also points to the potential for enormous gains in both efficiency and equity using the transformational power of AI. With the right regulatory regime in place, he argues, algorithms can be scrutinized for bias without sacrificing their potential benefits.
“The Achilles’ heel of all algorithms is the humans who build them and the choices they make about outcomes, candidate predictors for the algorithm to consider, and the training sample. A critical element of regulating algorithms is regulating humans.”
Can we keep our flaws out of artificial intelligence and its decision-making?
A.I. Is Only Human
A Q&A on managing the social impact of A.I.
Can Regulation Rein In Algorithmic Bias?
Will algorithms fix what's wrong with American justice, or make things worse?
Law and Order and Data
Booth researchers are exploring what should drive corporate decisions in the twenty-first century.
Should Companies Focus on Profits?
Booth researchers are investigating how cultural norms and expectations affect women’s progress.
Why Is the Glass Ceiling So Tough to Crack?
Booth researchers are questioning if our personal data is making tech giants too powerful.
Just How Competitive Is the Tech Sector?The Chicago Approach to business education—Booth’s educational philosophy—will teach you how to turn any business challenge—no matter how small or large—into an opportunity. Learn how our transformative curriculum helps our students ask better questions and discover better answers. No matter which MBA program you pursue—Full-Time, Part-Time, or Executive—you get the same transformative academic experience, the same world-class faculty, the same influential network, the same dynamic community.
Find out how our educational approach will prepare you to think for yourself, challenge the status quo, and ground discoveries in data.
Discover Academic Life at Booth
Our MBA curriculum gives you the skills to transcend trends and solve any business problem. Here’s how.
Master the Fundamentals of Business
The Full-Time MBA Program provides you with freedom: academic freedom, freedom to take risks, and freedom to define your impact in the world.
Full-Time MBA Program
Our top-ranked Evening MBA and Weekend MBA Programs accommodate the schedules and lifestyles of working, goal-oriented professionals.
Part-Time MBA Programs
To gain a global perspective, you need an MBA from a global school. Earn an MBA from Booth in Chicago, London, or Hong Kong without interrupting your career.
Executive MBA Program
Choose from nearly 50 open-enrollment programs worldwide, or create a custom program tailored to meet your organization’s unique challenges.
Executive Education
The influence and impact of Chicago Booth faculty, students, and alumni extends throughout North America.
Booth in North America
Booth brings our MBA degree and Executive Education offerings and our own renowned faculty members to our new campus in London, the financial heart of Europe.
Learn More about Booth in Europe
Booth's Hong Kong campus brings our MBA degree and Executive Education offerings and our own renowned faculty members to this financial center of the Asia-Pacific region.
Building Connections in Asia
A new initiative from Booth’s Center for Applied Artificial Intelligence aims to improve health-care algorithms for underrepresented groups.
Holding Algorithmic Bias at Bay
The Center for Applied AI supports researchers from across Booth and UChicago in making revolutionary advances in the applications of AI. Their work touches fields as diverse as finance, health care, public policy, education, and behavioral science.
Center for Applied Artificial IntelligenceThe Executive MBA Program is registered under the Hong Kong Education Bureau. Registration No.: 262427. It is a matter of discretion for individual employers to recognise any qualification to which this course may lead.
The longtime Booth faculty member, social psychologist, and dedicated mentor is remembered for his humanistic perspective and passion for lifelong learning.
In Memoriam: Selwyn W. Becker, 1929–2021
Read the latest insights from Booth faculty on vaccine incentives, venture capital in the era of COVID, and more.
COVID-19 Thought Leadership Digest 5-20
Several new articles on faculty research, and a story about a Booth alumnus dedicated to supporting frontline workers' mental health.
COVID-19 Thought Leadership Digest: May 26
