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from Part I - Introduction and Setting the Stage for a Law of Algorithms
Published online by Cambridge University Press: 19 October 2020
Algorithms in society are both innocuous and ubiquitous. They seamlessly permeate both our on- and offline lives, quietly distilling the volumes of data each of us now creates. Today, algorithms determine the optimal way to produce and ship goods, the prices we pay for those goods, the money we can borrow, the people who teach our children, and the books and articles we read – reducing each activity to an actuarial risk or score. “If every algorithm suddenly stopped working,” Pedro Domingos hypothesized, “it would be the end of the world as we know it.”1
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