AMS, the global talent solutions business, has announced it has entered into an exclusive partnership with the AI governance, risk and compliance platform, Holistic AI, to bring to market a new offer – AMS Responsible AI.
AMS Responsible AI brings AMS’s talent knowledge to bear alongside Holistic AI’s diagnostic tool and approach. The subsequent audit, the first of its type, is aimed at ensuring organizations understand how their AI technology is being used and brought to bear on decision making, across their talent technology stack and in their sourcing and hiring activities. The audit assigns a score, indicating each tool’s level of AI sophistication and risk, a first among HR software review tools.
With regulation in the AI talent technology space fast approaching, the need for organizations to understand the use of AI tools within their HR tech stacks is crucial. In November 2021, the New York City (NYC) Council passed The NYC Bias Audit Law. From July 2023, companies will be prohibited from using automated tools in the decision-making process to hire candidates or promote employees, unless the tools have been independently audited for bias. Further legislation is expected in other jurisdictions in the US and across Europe.