"As technology advances, both of these problems will reduce more and more."
For the first problem (that algorithms' results will be wrong), you're assuming that the technology to avoid false positives will progress faster than the technology to collect more data. On what do you base that assumption?
The second problem (that the results will be misinterpreted or misused) isn't a technological problem at all, so how will the advancement of technology reduce that problem?
For the first problem (that algorithms' results will be wrong), you're assuming that the technology to avoid false positives will progress faster than the technology to collect more data. On what do you base that assumption?
The second problem (that the results will be misinterpreted or misused) isn't a technological problem at all, so how will the advancement of technology reduce that problem?