Introduction to Machine Learning and Algorithmic Bias
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What you'll learn
Distinguish between artificial intelligence and machine learning, their real-world applications, and the factors driving their widespread adoption.
Gain insight on the four phases of the machine learning process to collaborate and make informed decisions about AI initiatives.
Recognize different types of algorithmic bias in AI systems and their real-world consequences across various sectors.
Examine mitigation strategies for algorithmic bias and compare governance models from industry self-regulation to governmental regulatory frameworks.
Skills you'll gain
- Data Collection
- Machine Learning Methods
- Risk Mitigation
- Artificial Intelligence
- Algorithms
- Artificial Intelligence and Machine Learning (AI/ML)
- Data Preprocessing
- Model Evaluation
- Business
- Model Training
- Regulatory Requirements
- Applied Machine Learning
- Machine Learning
- Data Ethics
- AI literacy
- Responsible AI
- Business Strategy
- Business Planning
- Governance
- Data Transformation
Details to know
See how employees at top companies are mastering in-demand skills
There are 4 modules in this course
This course explores the intersection of artificial intelligence (AI), machine learning (ML), and responsible business practice in our increasingly AI-driven economy. Participants establish foundational understanding of AI and ML concepts, their real-world applications, and factors driving their widespread adoption across industries. The course presents the machine learning process—from data collection and preparation through model development and evaluation—providing practical insights into how data transforms into actionable business insights.
Significant attention is dedicated to algorithmic bias, a critical challenge that can undermine system effectiveness and create unintended disparities in AI applications. Through examination of real-world cases across sectors such as recruitment, healthcare, and financial services, participants learn to identify different types of bias—historical bias, representation bias, and measurement bias—and understand their business implications. The course concludes with practical strategies for bias detection and mitigation, along with governance frameworks for AI deployment. Participants gain the knowledge needed to build AI systems that work effectively for diverse populations while delivering reliable business value, preparing future leaders to harness AI's transformative potential while managing its risks and ensuring broad accessibility. This course is best suited for individuals seeking to advance their careers through skill-building, industry application, and network expansion. Whether aiming for a promotion, transitioning to a new career, or growing one’s professional skills, learners will gain valuable insights into how they can contribute to their organizations and articulate those ideas with peers, recruiters, and other stakeholders.
This introductory module demystifies artificial intelligence and machine learning by exploring their fundamental concepts, the differences between them, and their real-world applications that impact our daily lives. Through clear explanations and concrete examples, you'll gain essential knowledge about how these technologies function across various contexts, building a foundation for understanding their strategic importance and preparing you for deeper exploration of their mechanisms and ethical implications in later modules.
What's included
1 video13 readings5 assignments1 discussion prompt2 plugins
1 video•Total 3 minutes
- The Rise of Machine Learning•3 minutes
13 readings•Total 105 minutes
- Course Syllabus•15 minutes
- Meet Your Faculty: Venkat Kuppuswamy•2 minutes
- Module 1 Overview•1 minute
- Questions to Consider•5 minutes
- Key Concepts to Master•2 minutes
- What is Artificial Intelligence (AI)?•2 minutes
- Alan Turing and the Turing Test•4 minutes
- Key Factors in the Rise of ML•25 minutes
- AI vs. ML: Key Differences•2 minutes
- AI vs. ML Differences: Deep Dive•36 minutes
- The Business Challenge•1 minute
- Mastercard's Evolution in Fraud Detection•9 minutes
- Module 1 Summary•1 minute
5 assignments•Total 35 minutes
- Module 1 Quiz•10 minutes
- Check Your Knowledge•10 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
1 discussion prompt•Total 10 minutes
- Meet Your Fellow Learners•10 minutes
2 plugins•Total 5 minutes
- Artificial Intelligence: How Does It Work?•2 minutes
- Machine Learning Explainer•3 minutes
This module provides an overview of the machine learning process, exploring the four essential phases: data collection, data preparation, model development, and model evaluation. Through understanding these foundational phases, learners will gain practical knowledge that enables effective collaboration with technical teams, better evaluation of AI initiatives, and identification of machine learning opportunities within their organizations.
What's included
1 video17 readings6 assignments1 plugin
1 video•Total 5 minutes
- How Does ML Work?•5 minutes
17 readings•Total 34 minutes
- Overview•2 minutes
- Questions to Consider•5 minutes
- Key Concepts to Master•1 minute
- Machine Learning and Business•10 minutes
- Phase One: The Data Collection Process•1 minute
- Target Population, Sampling Methods, and Variables•1 minute
- Data Collection Methods•2 minutes
- Phase Two: Data Preparation•1 minute
- Key Steps in Data Preparation•1 minute
- Importance of Data Preparation•1 minute
- Phase 3: Model Development•1 minute
- The Model Development Process•1 minute
- Key Considerations in Model Development•1 minute
- Phase 4: Model Evaluation•1 minute
- The Model Evaluation Process•2 minutes
- Business Implications of Model Evaluation•2 minutes
- Module 2 Summary•1 minute
6 assignments•Total 33 minutes
- Module 2 Quiz•10 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•3 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
1 plugin•Total 4 minutes
- What is Data Preparation•4 minutes
This module examines how algorithmic bias emerges in AI systems, revealing why even sophisticated machine learning algorithms can produce unfair or inaccurate results. Students explore three critical types of bias—historical, representation, and measurement—through real-world examples spanning healthcare, hiring, and financial services. By understanding how biases infiltrate AI systems and learning to identify their warning signs, students develop the analytical skills needed to assess algorithmic fairness and evaluate potential solutions in business contexts.
What's included
2 videos16 readings7 assignments1 plugin
2 videos•Total 8 minutes
- Overview•2 minutes
- How Might Bias Arise in ML Systems?•6 minutes
16 readings•Total 43 minutes
- Questions to Consider•5 minutes
- Key Concepts to Master•2 minutes
- Introduction to Algorithmic Bias•2 minutes
- The Business Stakes of Algorithmic Bias•2 minutes
- What is Historical Bias?•1 minute
- Facebook's Ad Delivery Algorithm: A Case Study•2 minutes
- The Mechanisms of Historical Bias•2 minutes
- What is Representation Bias?•1 minute
- Real-World Examples of Representation Bias•2 minutes
- The Causes of Representation Bias•2 minutes
- What is Measurement Bias?•1 minute
- Real-World Examples of Measurement Bias•5 minutes
- The Mechanics of Measurement Bias•2 minutes
- The Navy Federal Credit Union Mortgage Lending Case•10 minutes
- A Framework for Evaluating Algorithmic Bias in Real-World Settings•2 minutes
- Module 3 Summary•2 minutes
7 assignments•Total 40 minutes
- Module 3 Quiz•10 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
1 plugin•Total 4 minutes
- Algorithmic Bias in Financial Services•4 minutes
This module equips students with practical tools to address algorithmic bias in business applications. Through examination of bias mitigation techniques—from synthetic data generation to algorithmic modifications that ensure equal performance across demographic groups—students learn how to build more inclusive AI systems. The module also explores governance frameworks, comparing industry self-regulation with government oversight approaches such as the EU AI Act, preparing future leaders to navigate the evolving landscape of responsible AI deployment while maintaining competitive advantage.
What's included
3 videos18 readings5 assignments
3 videos•Total 12 minutes
- How Can You Mitigate Historical Bias? An Employment Example•4 minutes
- How Can You Mitigate Representation Bias?•4 minutes
- How Can You Mitigate Measurement Bias? An Example From Healthcare•4 minutes
18 readings•Total 43 minutes
- Overview•1 minute
- Questions to Consider•5 minutes
- Key Concepts to Master•2 minutes
- Approaches for Mitigating Historical Bias in Business Contexts•2 minutes
- Real-World Implementation Framework•1 minute
- The Business Impact of Representation Bias•1 minute
- Three Pillars for Addressing Representation Bias•3 minutes
- Implementing a Representation Bias Mitigation Strategy•1 minute
- Explore Project Euphonia•10 minutes
- Understanding Measurement Bias in Business Contexts•2 minutes
- Strategies for Mitigating Measurement Bias•2 minutes
- Implementation Framework for Business Leaders•2 minutes
- Introduction to AI Regulation•1 minute
- Government Regulation: Comprehensive Frameworks•2 minutes
- Self-Regulation: Industry-Led Approaches•2 minutes
- Strategic Considerations for Business Leaders•2 minutes
- Module 4 Summary•2 minutes
- Congratulations•2 minutes
5 assignments•Total 26 minutes
- Module 4 Quiz•6 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
- Check Your Knowledge•5 minutes
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