slowing economy and new rule
An AI Start-Up Boomed, but Now It Faces a Slowing Economy and New Rules - The New York Times
Eightfold's experience offers insight into the potential and the challenge of applying A.I. to high-stakes decisions like hiring, promoting and charting career paths for workers. The company is at the forefront of using A.I. and data to assess a person's potential for success in a job. That assessment is based on measuring skills and experience rather than on university degrees or personal connections. The skills-based perspective has been embraced by labor market and policy experts as a vehicle for broadening opportunity in America, especially for the nearly two-thirds of workers who do not have four-year college degrees. Screening by degrees hits minority workers particularly hard, eliminating 72 percent of Black adults and 79 percent of Latino adults, compared with 58 percent of non-Hispanic white adults.