Will the U.S. House Subcommittee on Consumer Protection and Commerce vote on the Algorithmic Accountability Act of 2022 before 31 July 2022?

Started May 12, 2022 04:00PM UTC
Closed Jul 23, 2022 03:59AM UTC

In February of 2022, the Algorithmic Accountability Act of 2022 was introduced in the U.S. House of Representatives and referred to the House Subcommittee on Consumer Protection and Commerce (National Law Review). According to the one-page summary, the bill would empower the Federal Trade Commission to require companies assess the impacts of the automated systems they use and create transparency about those systems. The bill’s proponents argue this is needed to reduce safety risks, errors, and bias in algorithmic decision making, citing examples where automated decision systems wrongly denied pain medications to patients and denied loans to applicants who had been approved for mortgages (Jones Day). However, some worry that the added regulatory burden placed on companies could outweigh the benefits (PYMNTS.com). 

This question will resolve as “Yes, and the bill will be favorably reported to the full committee” if the subcommittee votes to report the bill to the full House Committee on Energy and Commerce before 31 July 2022.  Past markups (i.e., sessions where amendments are offered and the bill is voted on) for the House Committee on Energy and Commerce and its subcommittees are available here.
Possible Answer Correct? Final Crowd Forecast
Yes, and the bill will be favorably reported to the full committee 1%
Yes, but the bill will not be favorably reported to the full committee 0%
No, a vote will not occur 99%

Crowd Forecast Profile

Participation Level
Number of Forecasters 54
Average for questions older than 6 months: 56
Number of Forecasts 165
Average for questions older than 6 months: 168
Accuracy
Participants in this question vs. all forecasters better than average

Most Accurate

Relative Brier Score

1.
-0.179
2.
-0.166
3.
-0.124
4.
-0.122
5.
-0.113

Consensus Trend

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