Research: Findings from the DRCF Algorithmic Processing workstream - Spring 2022

Two discussion papers from the Digital Regulation Cooperation Forum (DRCF) Algorithmic Processing workstream, on the benefits and harms of algorithms, and on the landscape of algorithmic auditing and the role of regulators, respectively.

In 2021 the DRCF established an Algorithmic Processing workstream to explore the impact of algorithms across our industries and regulatory remits.

As part of this workstream, we launched two separate research projects - one looking at the harms and benefits posed by algorithmic processing (including the use of artificial intelligence), and another looking at the merits of algorithmic auditing, as a way of documenting risks and assuring stakeholders that an algorithmic system behaves and is governed as intended.

In undertaking these projects, the DRCF members sought input from a range of stakeholders, including representatives from academia, civil society, government, industry, the public sector, and consumer groups.

In the next financial year (see DRCF workplan 2022 to 2023), we intend to undertake further activity in the field of algorithmic processing, looking more closely at how regulators might support algorithmic transparency, as well as what role regulators might play in the algorithmic auditing ecosystem.

We are now launching a call for input alongside the publication of these two papers and we welcome and encourage all interested parties to engage with us in helping shape our agenda.

Questions of interest for Paper 1 – The Benefits and Harms of Algorithms