AI News Summary for Aug 30, 2020

August 27, 2023

Rapid Recap AI
Rapid Recap AI
AI News Summary for Aug 30, 2020
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In today's episode, we begin with an insightful piece from Times Higher Education that poses the interesting question – "Can we effectively collaborate with artificial intelligence using our metacognitive skills?"

Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) is forging ahead with a novel study in “collaborative intelligence.” The futuristic concept of collaborative intelligence leverages the strengths of both human and artificial intelligence (AI) to potentially increase performance efficiency.

Specifically, collaborative intelligence is already improving outcomes in creative, industrial, healthcare, emergency response, and knowledge-based workforces. These enhancements range from the efficient accomplishment of tasks and fostering of creativity to ensuring human safety.

For decision-makers who aim to thrust their enterprises forward, these insights affirm the integral role of metacognitive skills in this era of rapid technological advancement. By harnessing AI's computational prowess without compromising the distinct human ability for logical reasoning and problem-solving, businesses can create a synergistic blend of organic and artificial intellects.

Next, we dive into a provoking discussion courtesy of accountingweb.co.uk that challenges us to consider, "Is Artificial Intelligence a more significant advance than the Internet?" This is an exploration into how AI, with its capability to mimic human reasoning and make autonomous data-driven decisions, may redirect the course of digital technology.

The internet has unquestionably changed how we interact, communicate, and access information, becoming an essential part of our daily lives. However, the increase in Artificial Intelligence (AI) advancements has sparked debates over whether AI could surpass the importance of the internet.

The internet has created a global web of interconnected computers and servers, facilitating a speedy exchange of information and data. It has revolutionized multiple spheres of society, making information accessible on the go for many people.

However, the potential of AI cannot be sidelined either in understanding the digital landscape. AI's ability to mimic human reasoning, sift through massive amounts of data, and make independent decisions means we're stepping into a new era of possibilities.

Last, but certainly not least, is an intriguing ACLU.org exposé titled "How Artificial Intelligence Might Prevent You From Getting Hired." An account of how AI has permeated the ranks of the recruitment and selection process, this tale underscores the consequences of inherent bias and possible discrimination in AI-assisted hiring.

Seventy percent of companies and 99 percent of Fortune 500 firms now use artificial intelligence (AI) tools in the hiring process, even for lower-paid positions. The AI operates at multiple points in recruitment, from initial job adverts to matching individuals to specific roles on LinkedIn or ZipRecruiter and as the first screening point for applications.

However, these technologies have critics who argue that they reflect existing institutional biases within the workforce and can significantly exacerbate discrimination in the hiring process. Such AI techniques are trained on vast amounts of data from previous hiring instances and the workforce and can create correlations and patterns that may not genuinely predict future workforce success.

This information is highly relevant to those who strive to expand their industries, boost their earnings, and cut unnecessary expenses. These select individuals, who routinely make monstrous waves in the sea of business, may need to reconsider using AI-based hiring tools.