Predictive policing is a type of policing that uses data analytics and statistical modeling to predict where and when crime is likely to occur. This information is then used to deploy police resources more effectively, such as by increasing patrols in areas where crime is predicted to be high.
Predictive policing is based on the idea that past patterns of crime can be used to predict future patterns. This is done by analyzing large amounts of data, such as crime reports, arrest records, and social media posts. The data is then used to create statistical models that can predict the likelihood of crime occurring in a particular area.
There are two main types of predictive policing: place-based and person-based. Place-based predictive policing uses data to identify areas where crime is likely to occur. This information is then used to deploy police resources to those areas in order to deter crime. Person-based predictive policing, on the other hand, uses data to identify individuals who are likely to commit crime. This information is then used to target those individuals with interventions, such as increased surveillance or outreach programs.
Predictive policing has been shown to be effective in reducing crime in some cases. However, it has also been criticized for being discriminatory and for violating the privacy of individuals.
Here are some of the pros and cons of predictive policing:
Pros:
Predictive policing can help to reduce crime by deterring criminals and targeting interventions at those most likely to commit crime.
Predictive policing can help to allocate police resources more effectively, by focusing on areas where crime is most likely to occur.
Predictive policing can help to improve public safety by making communities feel safer.
Cons:
Predictive policing can be discriminatory, if it is based on data that is biased against certain groups of people.
Predictive policing can violate the privacy of individuals, if it uses data that is not publicly available.
Predictive policing can be used to target individuals for surveillance or other interventions, even if they have not committed any crime.
Overall, predictive policing is a complex issue with both potential benefits and risks. It is important to carefully consider the pros and cons of predictive policing before implementing it in a community.
Predictive Policing in Finance
Similar to above if one use AI to make decision - who should get a loan, who should get lower/higher rate for loan rate based on their past behavior - it may be trouble some. It can be more probablematic if people living in certain area or demographics get impacted.