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    ALGORITHMIC FAIRNESS

    What will a robot make of your resume? The bias problem with using AI in job recruitment

    Establishing guidelines, ethical standards, and promoting transparency in AI decision-making processes are essential for fair recruitment practices. Collaboration between HR professionals and AI developers can lead to more inclusive and equitable hiring processes.

    Are social media algorithms causing psychological harm to children? Elon Musk thinks so

    Elon Musk, CEO of Tesla and father of nine, recently expressed significant concerns about the impact of social media on children. Speaking at the VivaTech fair in Paris, he emphasized the dangers posed by AI algorithms designed to maximize user engagement through increased dopamine levels, making children particularly vulnerable. Musk urged parents to limit their children's exposure to social media, highlighting the potential psychological harm.

    Why fair and responsible AI is non-negotiable for consumer welfare

    Investments in hardware, software, skilling initiatives, and awareness building are essential for a holistic AI ecosystem. Collaboration among government, industry, academia, and civil society is vital to balance fairness, innovation, and responsibility.

    Need more women in AI for inclusive development of the technology

    A diverse workforce is better tooled to identify and remove biases, while women also bring to the table a different mental toolkit

    Uber, Lyft, DoorDash drivers in the US to strike on Valentine's Day for fair pay

    The strike call is the first since Uber and Lyft went public in 2019. Drivers will picket outside airports and Uber offices, two of the groups said. The strikes are set to take place about a week after Lyft said it would pay the difference if drivers made less than 70% of what riders paid after external fees each week.

    Competition regulator bolstering tools to plug abuse in digital markets: Chairperson Ravneet Kaur

    The Competition Commission of India (CCI) is taking steps to ensure fair trade practices in digital markets and prevent abuse of market dominance by a few platforms, according to CCI Chairperson Ravneet Kaur. Kaur emphasized the importance of sharing experiences to maintain competitiveness in digital markets and highlighted the role of competition authorities in addressing these issues.

    The Economic Times
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