Article

October 30, 2024

Will Emerging Legislation Derail AI Innovations In HR?

Emerging AI legislation threatens to hamper innovation, but will it?

Vero AI CEO Eric Sydell discusses the potential impact of emerging legislation on AI innovations in HR technology, highlighting the tension between regulatory efforts and technological advancements. Eric emphasizes that while regulations aim to protect privacy and prevent discrimination, they may inadvertently hinder the development and implementation of AI-driven HR solutions. The piece suggests that HR professionals and technology providers must stay informed about legislative developments and work collaboratively to ensure compliance while continuing to leverage AI’s benefits in areas such as recruitment, employee engagement, and workforce management.

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Cofounder and CEO

Eric Sydell, PhD

The VIOLET Impact ModelTM

Vero AI'VIOLET Impact ModelTM, a holistic framework that provides a comprehensive and objective view of the impact of algorithms and complex systems.

Visibility

The degree to which affected individuals are aware of how algorithms are being used.

Integrity

Whether the algorithm does good and whether it is fair to all classes.

Optimization

How well the algorithm was built.

Legislative Preparedness

How well the algorithm and surrounding systems are prepared to meet the requirements of current and upcoming legislation.

Effectiveness

How well the algorithm works.

Transparency

How clearly understood the algorithm and its uses are internally.

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