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Difficulty: MediumStatement and Arguments

Statement: Should public sector financial institutions fully automate micro-loan approvals using artificial intelligence algorithms without human oversight?

Arguments:
I. Yes, because artificial intelligence is a modern technology and automated systems never make errors in credit assessment.
II. No, because sole reliance on algorithms without manual oversight risks algorithmic bias and could unfairly exclude eligible applicants lacking traditional credit histories.

Which of the following options correctly evaluates the strength of the given arguments?

  1. Only argument II is strongAnswer
  2. B
    Only argument I is strong
  3. C
    Both argument I and argument II are strong
  4. D
    Neither argument I nor argument II is strong

Answer

Only argument II is strong
The argument raising concerns about algorithmic bias addresses a direct, practical, and logical consequence of complete administrative automation. In contrast, claiming automated AI systems are infallible is logically unsound, rendering that argument weak.

Step-by-Step Solution

1
Evaluate Argument I
Argument I is weak.
An argument that assumes technology is infallible ('never make errors') is factually incorrect and logically unsound.
2
Evaluate Argument II
Argument II is strong.
It highlights a realistic, significant policy risk (algorithmic bias and credit exclusion) directly relevant to the proposed automation statement.
3
Compare findings with options
Only Argument II satisfies the criteria of being realistic, relevant, and logically sound.
Argument I is flawed, making the option identifying only Argument II as strong the correct choice.

Key Concept

Evaluation of Strong and Weak Arguments
Estimated Time:1m 0s
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Topics

Statement and Arguments

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