CASE STUDY Please use the following answer the next question: XYZ Corp., a premier payroll services company that employs thousands of people globally, is embarking on a new hiring campaign and wants to implement policies and procedures to identify and retain the best talent. The new talent will help the company's product team expand its payroll offerings to companies in the healthcare and transportation sectors, including in Asia. It has become time consuming and expensive for HR to review all resumes, and they are concerned that human reviewers might be susceptible to bias. Address these concerns, the company is considering using a third -party Al tool to screen resumes and assist with hiring. They have been talking to several vendors about possibly obtaining a third - party Al -enabled hiring solution, as long as it would achieve its goals and comply with all applicable laws. The organization has a large procurement team that is responsible for the contracting of technology solutions. One of the procurement team's goals is to reduce costs, and it often prefers lower -cost solutions. Others within the company are responsible for integrating and deploying technology solutions into the organization's operations in a responsible, cost -effective manner. The organization is aware of the risks presented by Al hiring tools and wants to mitigate them. It also questions how best to organize and train its existing personnel to use the Al hiring tool responsibly. Their concerns are heightened by the fact that relevant laws vary across jurisdictions and continue to change. All of the following are potential negative consequences created by using the Al tool when making hiring decisions EXCEPT?
CASE STUDY Please use the following answer the next question: XYZ Corp., a premier payroll services company that employs thousands of people globally, is embarking on a new hiring campaign and wants to implement policies and procedures to identify and retain the best talent. The new talent will help the company's product team expand its payroll offerings to companies in the healthcare and transportation sectors, including in Asia. It has become time consuming and expensive for HR to review all resumes, and they are concerned that human reviewers might be susceptible to bias. Address these concerns, the company is considering using a third -party Al tool to screen resumes and assist with hiring. They have been talking to several vendors about possibly obtaining a third - party Al -enabled hiring solution, as long as it would achieve its goals and comply with all applicable laws. The organization has a large procurement team that is responsible for the contracting of technology solutions. One of the procurement team's goals is to reduce costs, and it often prefers lower -cost solutions. Others within the company are responsible for integrating and deploying technology solutions into the organization's operations in a responsible, cost -effective manner. The organization is aware of the risks presented by Al hiring tools and wants to mitigate them. It also questions how best to organize and train its existing personnel to use the Al hiring tool responsibly. Their concerns are heightened by the fact that relevant laws vary across jurisdictions and continue to change. The frameworks that would be most appropriate for XYZ's governance needs would be the NIST Al Risk Management Framework and?
A US company has developed an Al system, CrimeBuster 9619, that collects information about incarcerated individuals to help parole boards predict whether someone is likely to commit another crime if released from prison. When considering expanding to the EU market, this type of technology would?
All of the following are penalties and enforcements outlined in the EU Al Act EXCEPT?
Which of the following is an example of a high-risk application under the EU Al Act?
Machine learning is best described as a type of algorithm by which?
