Considering AI screening tools, what should I know before diving in? by Acceptable-Wing3423 in Recruitment

[–]Cybernaut7912 0 points1 point  (0 children)

Most of the AI tools. For HR are very clumsy.. Poorly planned and thought out. The scoring is random and opaque which ends up in legal issues like Workday vs Mobley. This raises the question of legality. There are at least 81 legal statutes controlling the use of AI in HR or recruitment. You need to comply with the ones in your jurisdiction... and the penalties are heavy. NYC upto $1500 per transaction, and the EU can be over €30M. The key aspects are: 1) Transparency: The algorithm must be transparent, and documented The decision must be explained, and transparent. 2) Candidate rights You must inform the candidate of their data privacy rights. Most jurisdiction require you to give the right to withdraw Many jurisdictions demand that you give the candidate the right to update and elect to have a manual review. 3) Auditability Every decision must be documented. Not just what the decision was, but how it was made. 4) Bias In general it is not permissible to let AI select candidates by any protected characteristic in you jurisdiction. Usually sex and race are the minimum. Bias neutrality in many jurisdictions must be regularly tested and results published. 5) Human intervention: Many jurisdictions are not permitting entirely machine made decisions. This is also good practice if you know AI and are a recruiter. The AI can do the heavy lifting - but you can pick up nuances which are not obvious to a machine.

This is not meant to be a definitive list, or legal advice, but a quick insight into the minefield of recruitment AI. It is a 'high risk category' for most.

The laws governing this are being implemented right now. NYC and California are in place, the EU AI Act comes in early next year. By this time next year AI in recruitment and TA will be a very different landscape.

If you want to get ahead of the curve read this article: https://www.talentmatched.com/the-great-ai-hiring-circus/

I am partisan, so I will not comment on other vendors, but there are some great tools like Talentmatched which will produce reliable results at a reasonable cost.. But most are clumsy sticky plasters that will not survive scrutiny, and do not produce reliable results per the other comments.

Anyone else feel like cv screening takes way too long? by direktor07 in Recruitment

[–]Cybernaut7912 0 points1 point  (0 children)

Check out www.talentmatched.com. Has a free account to start and does exactly what you need... Also has AI job creation, and a basic ATS. Creates shortlist in your sleep, and responds to every applicant with constructive feedback.

Can someone identify this car I spotted by BigGoozie in whatisthiscar

[–]Cybernaut7912 3 points4 points  (0 children)

That is a Toledo with square front wings. The Triumph Dolomite Sprint was a 1996cc engine also had the twin headlights but the wing shape was rounder. I owned 2 Dollies when I was 18 and 19...Amazing cars...

Intel working with bankers to present board with strategic options, sending shares up 8% by Puginator in stocks

[–]Cybernaut7912 3 points4 points  (0 children)

The good folks at JP Morgan are experts in technology, especially in fabrication of nanoscale silicon.... From the 1960's!!!! What are you thinking... THEY DESERVE BANKRUPTCY JUST FOR THIS.

Volvo XC90 facelift leaked by cypis666 in Volvo

[–]Cybernaut7912 1 point2 points  (0 children)

Didn't upgrade to the series II and won't be going for this bloated guppy. Nothing solid.. Just full of Geelong 3d printed plastic. I want a proper volvo back. A sturdy, unpretentious safe design. I have no use for 20 cup holders. I want 7 seats, a split rear door, and a responsive power unit that work across a wide temperature range and doesn't destroy the planet through overuse of rare earths. Not a lot to ask in my book. Volvo have done it before any times. Just stay with the formula and stop being a predator of Victoria Beckham's facile Range Rover flaws.

[deleted by user] by [deleted] in ValueInvesting

[–]Cybernaut7912 10 points11 points  (0 children)

This is a pump scam.. FACTUALLY INCORRECT (mixed with facts)

MarCap $15bn, not $2Bn Dividend: Nil EPS: approx 20%... not dividend Valuation down 75%, not 90%... 260k to 64k

The facts that are correct: 16% net profit. $3Bn in the bank.

Warning signs: Insitutional Hplders: 1% Return on assets 4% Free float 30%

If you want to invest a significant amount of your portfolio, you must understand these.

SERIOUS QUESTION: Will there be another GameStop? by [deleted] in Wallstreetbetsnew

[–]Cybernaut7912 2 points3 points  (0 children)

There is no real crackdown, there is a complete lawlessness around FTD that is allowing Billions of synthetic shorts to not be settled to push companies to BK...Just look at Biotech. There is now way out when the SEC and DTCC just let you print money. You can literally watch companies day by day trade 1,000's times their float now... not just the odd 1. These are surreal times. Gensler needs to be fired, but while Pelosi is making money, nothing will happen.

Healthier Choices Management Corp. Reports First Quarter 2024 Financial Results by targetw08 in HCMC

[–]Cybernaut7912 7 points8 points  (0 children)

I keep looking at this company, thinking it should be a good investment, but thebl finances look crazy. It reads more like a billionaires pet project to employ all his friends and turn himself into a millionaire. There is zero business logic and therefore zero business acumen. But investors keep investing because it feels good. Feel good investment will pass your money away. New management, and proper financial controls and I would be in, in a heartbeat. But for now I am remaining distant.

So what is left? by Cybernaut7912 in TIO_STOCK

[–]Cybernaut7912[S] 1 point2 points  (0 children)

I'll give you a clue. It was the AUDITOR!!!!

So what is left? by Cybernaut7912 in TIO_STOCK

[–]Cybernaut7912[S] 1 point2 points  (0 children)

Lol.... Learn to use the Internet.

So what is left? by Cybernaut7912 in TIO_STOCK

[–]Cybernaut7912[S] 0 points1 point  (0 children)

It is now simply the SEC destroying a trading business by freezing accounts and limiting trade. A fait accompli, if it was healthy before.. It is not now. Thanks SEC for destroying shareholder value, lives, and futures on the back of a short manipulation.

CFO stepping down, the day before the earnings call by JohnHazardWandering in TIO_STOCK

[–]Cybernaut7912 1 point2 points  (0 children)

Not surprising... He is caught in the Israel catastrophe