“I worry about this stuff. If they are producing a product that the public is going to try to use to improve their financial outcomes, they should be held to the same standards we are,” said Chadwick.
Andy Cullison, director of the Prindle Institute for Ethics at DePauw University in Greenscastle, Ind., said he is seeing the debate over ethical standards for programmers all across the technology industry where computer programs are taking on decision-making roles.
“It's not unique to the finance industry,” Cullison said.