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Fair Credit Reporting Act, Equal Opportunity Credit Act and FTC Act are new laws required to ensure that developers of ai applications produce algorithms that are unbiased.

An set of rules is a finite collection of rigorous commands, generally used to remedy a class of precise troubles or to carry out a computation. Algorithms are used as specifications for acting calculations and records processing.

An algorithm is a manner used for fixing a problem or performing a computation. Algorithms act as an precise listing of commands that behavior special actions step by step in both hardware- or software program-based totally exercises. Algorithms are extensively used at some stage in all areas of IT.

Learn more about algorithms here:https://brainly.com/question/24953880
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