Morning Brew Daily Regulating AI Hiring & Auto Sales Make A Comeback
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Jul 6, 2023 Legal challenges are mounting for AI hiring practices, with a new New York law pushing for transparency. Meanwhile, the U.S. auto industry is booming with rising sales and a shift toward electric vehicles. Retirees are embracing stock market investments like millennials, while Gen-Z is making a splash in the golf scene. Plus, Subway is freshening up its image with on-site deli meat slicing, and Japan Airlines is encouraging stylish travel with innovative rental services. The climate is also a hot topic, with record-breaking temperatures raising concerns.
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NYC's AI Hiring Law
- New York City now requires firms using AI hiring software to audit their algorithms.
- Post these audits publicly to combat bias in hiring and promotion decisions.
AI Screening Loophole
- The rise of AI resume screening is a response to increased online job applications.
- However, a loophole lets companies avoid audits if AI doesn't solely decide hiring.
ChatGPT's Summer Slump
- ChatGPT saw its first traffic drop in June, down 9.7% from May.
- Summer break is a suspected cause, as students use it less for homework.