What are they and why are they now so important.?
Are algorithms always correct but can they cheat and deceive?
Criminals can use algorithms
Some are use wrong unintentionally
Algorithm is a computer code, that works out what will happen based on what was before.
An effective algorithm is one with a lot of historical data.
Yet they had a lot of data for the banks in 2008 and still the Algorithms caused the financial crisis then.
Now they use algorithms to target people to influence, cheat or deceive.
That is why people must be wareful of using the facebook, google and similar organisations
Algorithms should be acting fairly, legally, and consistently however When they find that facebook and Google are cheating then they should have such a fine that means that they are no longer profitable.
Facebook and Google do not care about the fines that they are now getting because they are still cheating the law takes time and they should take into this the next time they will be caught,
Computers should work for us, and not for those like Google and facebook that cheat.