Algorithmic Bias in Tenant Screening: A Deep Dive into AI-Driven Rental Denials
[Technical Overview] The increasing use of artificial intelligence (AI) and machine learning (ML) in tenant screening raises significant concerns about algorithmic bias, transparency, and fairness. Traditionally, tenant screening involved manual review of credit reports and rental history. However, with the advent of AI, automated systems are now used to generate risk scores based on complex algorithms. These algorithms often rely on historical data, which can inadvertently perpetuate existing societal biases. This can lead to discriminatory outcomes, where applicants from certain demographics are disproportionately denied housing opportunities without a clear understanding of the reasons behind the decisions....