Is Artificial Intelligence Ready For The Great Rehiring? - AI Summary

Numerous studies, including the WEF's 2020 Future of Jobs Report, have documented the ways that the pandemic has exacerbated inequalities in the global workplace. Indeed, unemployment rates for African-Americans and Latinos have consistently outpaced those for Whites by several percentage points, and that trend persists even as Americans begin re-entering the workforce in record numbers. This is because of the way that AI works: algorithms correlate information from a finite data set in order to make predictions about job applicants. If an algorithm's training data consists of the employer's current workforce, it may simply replicate the status quo. This can be problematic if the current workforce is made up predominantly of employees of one race, gender, or age group, because a hiring algorithm may automatically screen out applicants who do not share those same characteristics.