Data Challenges in Building a Facial Recognition Model and How to Mitigate Them

Link: https://www.soa.org/resources/research-reports/2023/data-facial-rec/

PDF: https://www.soa.org/49022b/globalassets/assets/files/resources/research-report/2023/dei107-facial-recognition-challenges.pdf

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Excerpt:

This paper is an introduction to AI technology designed for actuaries to understand how the technology works, the potential risks it could introduce, and how to mitigate risks. The author focuses on data bias as it is one of the main concerns of facial recognition technology. This research project was jointly sponsored by the Diversity Equity and Inclusion Research and the Actuarial Innovation and Technology Strategic Research Programs

Author(s): Victoria Zhang, FSA, FCIA

Publication Date: Jan 2023

Publication Site: SOA Research Institute