Business Ethics in Biotechnology
Transparency in algorithms refers to the clarity and openness with which the processes and decisions of algorithms are communicated, allowing stakeholders to understand how decisions are made. This concept is crucial in biotechnology, as it fosters trust among users, regulatory bodies, and researchers by ensuring that algorithms used in decision-making are understandable and accountable. When algorithms are transparent, it becomes easier to identify biases, assess the validity of outcomes, and promote ethical practices in the application of artificial intelligence and machine learning in biotech.
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