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M-24-10 Took The Words Right Out of Our Mouth
December 18, 2024
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The VIOLET Impact Model
TM
The VIOLET Impact Model
TM
, a holistic framework that provides a comprehensive and objective view of the impact of algorithms and complex systems.
Visibility
The degree to which affected individuals are aware of how algorithms are being used.
Integrity
Whether the algorithm does good and whether it is fair to all classes.
Optimization
How well the algorithm was built.
Legislative Preparedness
How well the algorithm and surrounding systems are prepared to meet the requirements of current and upcoming legislation.
Effectiveness
How well the algorithm works.
Transparency
How clearly understood the algorithm and its uses are internally.
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