Despite the promise of objectivity in AI algorithms used in hiring, the technologies that are meant to prevent bias and increase diversity in the workforce are actually introducing more of it. In this research-based approach, Business Today writer Antonio Simental analyzes how this systematic issue stems from flawed datasets.
re:work, led by CEO Shelton Banks, provides individuals coming from non-traditional backgrounds with training and opportunities to secure jobs in technology sales. As re:work uses HireVue’s digital interviewing software, Banks explains to what extent his company relies on HireVue’s assessments to select candidates. Business Today writer Vignesh Panchanatham also conducts a side-by-side analysis with statements about HireVue’s capabilities from their CEO, Kevin Parker.
HireVue CEO Kevin Parker discusses the benefits and challenges with harnessing the power of AI and other technologies to facilitate and democratize the hiring process, from carefully incorporating aspects of organizational psychology to bolstering internal mobility in HR, and highlights the company’s focus on the candidate experience.
The Foodservice industry might employ the most minorities, but that diversity is not reaching the top ranks in the kitchen. In particular, the strong focus on the European system has caused a lack of representation of culinary traditions from other parts of the world. Grace Chung analyzes how there is heavy cultural bias towards cooking in the French style among restaurateurs and how the culinary curriculum as a whole disregards the traditions and importance of other global cuisines.
Streaming services like Netflix are shaking up the film industry, but are also working on diversifying their content by collaborating with international filmmakers. However, this foray into diverse content only goes so far, because the industry still suffers representation for women/minorities in senior leadership and explicit representation of LGBTQ+ characters.
The booming startup scene has also introduced concepts of interconnected work-life management that would have been unthinkable a decade ago. While part of this evolution is undoubtedly part of the regular adaptation of the workplace to modern expectations and technological advances, a different component and its place in the workspace has changed profoundly: time.
For our spring 2020 magazine, Michael Kratsios, current Chief Technology Officer of the United States, shares his insights about creating a regulatory environment where innovators are highly incentivized to create technology in the U.S. He also describes how he thinks AI will influence future relevant technology policy and legislation, the U.S. labor workforce, and STEM education moving forward.
As our lives become increasingly digitized in the 21st century, our personal choices, habits, and mannerisms have become intertwined with our online identity. Companies of all industries have been increasingly encouraged to manage and collect data of their clients (or potential clients) in order to compete and strategize effectively in the new global economic system. At the same time, consumers are not only more informed about this phenomenon but are also realizing issues with businesses being in charge of their personal and private data.
Michael Broughton might have seemed like an unlikely candidate to launch a finance business when he arrived at USC, barely able to cover his freshman tuition. Today, thanks to support from the university community and the Blackstone LaunchPad, a national network promoting student entrepreneurship, Broughton and his diverse team have come up with a unique solution, Hatch Credit, to help students improve their credit scores.
