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dr tech

The economics of artificial intelligence | McKinsey & Company - 0 views

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    " The machine's doing the prediction, making the distinct role of judgment in decision making clearer. So as the value of human prediction falls, the value of human judgment goes up because AI doesn't do judgment-it can only make predictions and then hand them off to a human to use his or her judgment to determine what to do with those predictions."
dr tech

The New Age of Hiring: AI Is Changing the Game for Job Seekers - CNET - 0 views

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    "If you've been job hunting recently, chances are you've interacted with a resume robot, a nickname for an Applicant Tracking System, or ATS. In its most basic form, an ATS acts like an online assistant, helping hiring managers write job descriptions, scan resumes and schedule interviews. As artificial intelligence advances, employers are increasingly relying on a combination of predictive analytics, machine learning and complex algorithms to sort through candidates, evaluate their skills and estimate their performance. Today, it's not uncommon for applicants to be rejected by a robot before they're connected with an actual human in human resources. The job market is ripe for the explosion of AI recruitment tools. Hiring managers are coping with deflated HR budgets while confronting growing pools of applicants, a result of both the economic downturn and the post-pandemic expansion of remote work. As automated software makes pivotal decisions about our employment, usually without any oversight, it's posing fundamental questions about privacy, accountability and transparency."
dr tech

The AI tools that might stop you getting hired | Artificial intelligence (AI) | The Gua... - 0 views

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    "The tools - which aim to cut the time and cost of filtering mountains of job applications and drive workplace efficiency - are enticing to employers. But Schellmann concludes they are doing more harm than good. Not only are many of the hiring tools based on troubling pseudoscience (for example, the idea that the intonation of our voice can predict how successful we will be in a job doesn't stand up, says Schellmann), they can also discriminate."
dr tech

Amazon's driver monitoring app is an invasive nightmare - 0 views

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    "Mentor is made by eDriving, which describes the app on its website as a "smartphone-based solution that collects and analyzes driver behaviors most predictive of crash risk and helps remediate risky behavior by providing engaging, interactive micro-training modules delivered directly to the driver in the smartphone app." But CNBC talked to drivers who said the app mostly invades their privacy or miscalculates dangerous driving behavior. One driver said even though he didn't answer a ringing phone, the app docked points for using a phone while driving. Another worker was flagged for distracted driving at every delivery stop she made. The incorrect tracking has real consequences. ranging from restricted payouts and bonuses to job loss. "
dr tech

DeepMind AI cracks 50-year-old problem of protein folding | DeepMind | The Guardian - 0 views

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    ""It marks an exciting moment for the field," said Demis Hassabis, DeepMind's founder and chief executive. "These algorithms are now becoming mature enough and powerful enough to be applicable to really challenging scientific problems." Advertisement Venki Ramakrishnan, the president of the Royal Society, called the work "a stunning advance" that had occurred "decades before many people in the field would have predicted"."
dr tech

AI is giving insurers godlike powers, says Sompo chief - 0 views

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    "Artificial intelligence and cutting-edge information evaluation software program imply that underwriters can now make predictions in regards to the climate, pure disasters and senile dementia that beforehand "only God knew about", the president of one in all Japan's largest insurance coverage corporations has claimed."
dr tech

Artificial Intelligence In Hiring: A Tool For Recruiters - 0 views

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    "According to the data from Predictive Hire, nearly 55% of companies are investing in recruitment automation and believe that it'll enhance efficiency and enable data-driven judgments. For instance, a resume parser, a technology I work with extensively, helps screen resumes and extract candidate data. For the recruiters who are still in limbo about whether or not to go for augmented AI, I've lined up a few benefits that can be helpful as well as some best practices."
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