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Prospects rise for regulation in insurance analytics

(Bloomberg Opinion) — A backlash against big tech has sent lawmakers all over the world scrambling for ways to restrain the influence of computers over daily life. Now, Congressional Democrats are offering up an Algorithmic Accountability Act of 2019, an expansive and ambitious new take on how to regulate automated decision-making. Whether or not it becomes law, it’s a necessary effort to reassert human control as opaque algorithms take over bureaucratic processes.

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