[0] https://twitter.com/sarahookr/status/1361373527861915648?s=2...
[0] https://twitter.com/sarahookr/status/1361373527861915648?s=2...
Between all these the degree of L1 regularization or the class weights are minor things. Most models will perform similarly given the same data. It's mostly the data that makes the difference.
But if you take "model" to mean the pure mathematical description without parameters or hyperparameters that need to be determined by experimentation, then I agree that optimizing the model on a dataset will not lead to bias against specific groups of humans unless the data used contains such a bias.
But this ties back to the original data problem, right? If you don't have enough training samples for (known or unknown) unknowns, your model is likely to be biased against them.
Given that reducing bias while not giving up other desirable properties is a young and open research direction, researchers in general should not be faulted for using the current (imperfect) state of the art or for working on something that is not (yet) focused on bias.
It is a known challenge to align the designed purpose of an algorithm with actual optimization metrics. For instance, recommendation systems may have the purpose of improving user experience, but if time-on-site metrics are used as the optimization function, there can be unexpected results.