Algorithmic Bias in Fashion Demand Forecasting

The Killer Algorithmic Bias in Fashion Demand Forecasting

What is a bias? and, how does an algorithmic bias in fashion occur?

Algorithms are mathematical equations or logical rules or algorithms generated by data (machine learning) to solve a problem. Just like the brain takes swift decisions, algorithms help us in quick decision making.

Algorithms help us to predict an unknown. In other words, they help us to minimise uncertainty. For examples algorithms predict the weather, our credit score, time to reach destination etc. They estimate the probability of an event occurring.

There is a rising awareness of using data in fashion demand forecasting.

  • Data has bias.
  • Data is related to a context.
  • Context is decisive.

To read the original article on this exciting topic, here.