> I'm not convinced that is a responsibility that belongs to private corporations.
Private corporations are, by and large, the entities which execute their business using these algorithms, which their employees write.
They are already responsible for business decisions whether made using computers or otherwise. Indeed, who else would possibly manage such a thing? This is tantamount to saying that private corporations should have no business deciding how to execute their business — definitely an opinion you can have, it's just that it's an incredibly statist-central-planning opinion the end.
Private corporations are, by and large, the entities which execute their business using these algorithms, which their employees write.
They are already responsible for business decisions whether made using computers or otherwise. Indeed, who else would possibly manage such a thing? This is tantamount to saying that private corporations should have no business deciding how to execute their business — definitely an opinion you can have, it's just that it's an incredibly statist-central-planning opinion the end.