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EssentialThe Essential Conversation

The Risks of Relying on Algorithms

Featuring Cathy O'Neil

Aug 03, 2019 • 44 minutes

231

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Essential

The Essential Conversation

The Risks of Relying on Algorithms

Cathy O'Neil, CEO of O'Neil Risk Consulting & Algorithmic Auditing, explains to Dee Smith why she is auditing companies' algorithms.

Featuring Cathy O'Neil

Aug 03, 2019 • 44 minutes

Cathy O'Neil, CEO of O'Neil Risk Consulting & Algorithmic Auditing, explains to Strategic Insight Group CEO Dee Smith why she is auditing companies' algorithms. O'Neil says it began when she moved from academia to trading during the financial crisis and realized the financial world couldn't control their algorithms. Now she has turned to corporations more generally, where she believes algorithms have become dangerous "black boxes." Her view: business leaders need rigorous methodology and tools or they will face catastrophic results that lead to litigation and serious reputational risks. Filmed on June 5, 2019 in New York. Show More

The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

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The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

More Episodes

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