AIEQUALITY

In today’s rapidly evolving business landscape, artificial intelligence (AI) and automated employment decision tools (AEDTs) are becoming increasingly prevalent in improving human capital across industries. We believe that as AI and AEDTs continue to develop, they will unlock increases in productivity and value creation by a great magnitude in the workforce. AIEquality aims to foster a symbiotic relationship between AI and human capital, enabling companies to capitalize on the value creation being unlocked. As we quickly work to realize the upside of AI in the workforce, we must acknowledge the use of AI in employment decisions comes with significant responsibilities. Ensuring fairness, mitigating bias, and complying with evolving regulations are paramount for any organization using AI or AEDTs as a standard practice to recruit, hire, develop, or promote talent. AIEquality provides a product suite that helps optimize AI in the workforce while acknowledging and addressing the associated risks with the endeavor.

AEDTs are AI software systems or algorithms used to streamline and automate workforce decisions. AEDTs can be used in the hiring and advancement process, such as resumè screening, candidate assessments, succession planning, compensation, and promotion evaluations. While designed to improve efficiency and objectivity, AEDTs have raised concerns regarding potential biases and discriminatory outcomes. In response, a growing number of states in the U.S. are introducing legal requirements to promote fairness and transparency in AI-driven recruiting, hiring, developing and promoting practices. Regulations include mandating third-party bias audits, requiring employers to notify candidates of AEDT usage, and may even necessitate obtaining consent before using AI to collect candidate data. The aim is to strike a balance between technological innovation and protecting the rights of job seekers and employees in an increasingly AI-powered landscape.

AIEquality is your trusted partner in navigating the legal and ethical complexities of AEDT compliance and risk management. We have deep, comprehensive knowledge and experience in AI ethics, employment law, and predictive science. We understand the intricacies of algorithmic bias and the potential for unintended discrimination. With our comprehensive product suite including AITalent Optimization, the AIWorkforce Network, AI risk assessments, and compliance audits, we empower your organization to harness the power of AI responsibly, helping you build an adept workforce of talent through fair and equitable practices, while minimizing legal and reputational risks.