The document discusses the IEEE P7003 standards aimed at minimizing algorithmic bias, highlighting issues such as confirmation bias in predictive policing and concerns over the fairness of tools like the COMPAS recidivism prediction system. It emphasizes the need for careful consideration of who is affected by algorithmic decisions and calls for transparency in criteria and justifications used in system development. The document invites participation in the P7003 working group to address these challenges in algorithmic bias.