MIT Study Reassesses Algorithmic Monoculture Risks

MIT researchers Brian Hedden and Manish Raghavan analyzed algorithmic monoculture, where firms share one hiring algorithm, in Philosophical Perspectives. They found systematic exclusion arguments fail because job totals stay fixed, and monoculture may raise wages. The real risk is informational echo chambers reducing candidate discovery. Bundling algorithms into an ensemble can match or beat polyculture.