Digital Bounty Hunters Want To Help Businesses Track Down Hidden AI Biases That Can Prevent People Getting Jobs And Loans

South Africa News News

Digital Bounty Hunters Want To Help Businesses Track Down Hidden AI Biases That Can Prevent People Getting Jobs And Loans
South Africa Latest News,South Africa Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

New York's city council recently passed a bill that would require the annual audit of AI algorithms in automated employment decision tools, and share the results with companies that use their services

Could an AI program be preventing you from landing a dream job? New York’s city council wants to make sure that’s not the case for people looking for work in the Big Apple. The council recently passed a bill that would require providers of automated employment decision tools to recruiters in the city to have their underlying AI algorithms audited each year and share the results with companies using their services.

Now the platforms say they’re seeing growing interest in programs that reward ethical hackers and researchers for flagging unforeseen algorithmic biases. As well as leading to prejudices in hiring, such biases can affect everything from loan applications to policing strategies. They can be deliberately or inadvertently introduced by developers themselves or by the choice of data sets algorithms are trained on.

Although Twitter hasn’t committed to run another program yet, tech research firm Forrester predicts that at least five major companies, including banks and healthcare businesses, will launch their own AI bias bounty offerings next year. Brandon Purcell, one of the firm’s analysts, thinks that within a few years, the number of programs will start growing exponentially and says CIOs will likely be key promoters of them, along with human resources directors.

People with deep industry expertise in areas such as credit assessment and health screening but who don’t yet have AI skills could help to close the talent gap. Bugcrowd’s Ellis points out that some of the most accomplished security bug hunters in the automotive field are car enthusiasts who got so interested in the safety issues facing the industry that they taught themselves to use coding tools.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

L.A. County Reports 26 New Covid-19 Deaths And 1,876 New Positive CasesL.A. County Reports 26 New Covid-19 Deaths And 1,876 New Positive CasesOn Saturday, the Los Angeles County Department of Public Health reported 26 new deaths from Covid-19, as well as 1,876 new positive cases. The number of deaths and confirmed cases reported today ma…
Read more »

How ‘Mitchell vs. Machines,’ ‘Belle’ and ‘Ron’s Gone Wrong’ Filmmakers Tackled Tech, AI in Their FilmsHow ‘Mitchell vs. Machines,’ ‘Belle’ and ‘Ron’s Gone Wrong’ Filmmakers Tackled Tech, AI in Their FilmsThis year, three animated movies aim to talk about the progress (and perils) exhibited by AI, social media and the internet — and the filmmakers all agree that animation is an ideal medium with which to translate these ideas into something visual
Read more »

How AI is helping businesses turn siloed data into insightsAll successful enterprise companies share an obsession with efficiency. But not all manage to push past the obstacles that can make it so elusive, such as siloed architecture, poorly managed or underutilized data, and repetitive tasks that require an employee’s sustained attention.
Read more »

Soho Home Opens Its Doors in New York CitySoho Home Opens Its Doors in New York City“It’ll have, well, everything,” Soho House Global President Andrew Carnie says of Soho Home’s new brick-and-mortar retail store in New York City.
Read more »

Farewell, good riddance to 'progressive' New York Mayor Bill de BlasioOpinion | Farewell, Bill de Blasio: Good riddance to the mayor who talked the talk but failed to walk the walk. By Ash_Prashar.
Read more »

Japan's ex-princess Mako and husband begin new life in U.S.Japan's ex-princess Mako and husband begin new life in U.S.ICYMI: Japan's former princess Mako, who married her college sweetheart last month and gave up her royal title, left the country to start a new life as ordinary citizens in the U.S.
Read more »



Render Time: 2025-04-01 23:01:54