Recruiters have a bias problem. A 2017 meta study from Northwestern, Harvard, and the Institute of Social Research in Norway found that hiring prejudice against black candidates hasn’t changed in the last 25 years, and that Latinos have only seen a “moderate” drop.
It is not just races and ethnicities that employers are discriminating against — according to a recent paper authored by Harvard and Stanford researchers, women earn 78 cents on the dollar compared to men and are less likely to advance to the top of their fields. The solution, Caitlin MacGregor says, is artificial intelligence.
She’s the CEO and founder of Waterloo, Ontario-based Plum.io, a hiring platform that emphasizes “raw talent,” as opposed to skills and knowledge. According to Plum, hiring managers make conclusions based on an applicant’s name in 0.2 seconds and decide the outcome of an interview in 10 seconds, which can lead to hires that have a 46 percent chance of failing or leaving within 18 months. Read more from venturebeat.com…
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