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On October 16, 2024, the Department of Labor (DOL) issued guidance on the use of artificial intelligence (AI) in employment—Artificial Intelligence and Worker Well-Being: Principles and Best Practices for Developers and Employers. The guidance stems from President Joe Biden’s Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence issued […]
Your business may want to jump on the generative artificial intelligence (GAI) bandwagon and discover how you may become more productive and competitive, reduce costs, and make the most of new technology. There are many intriguing and effective GAI programs available for use. However, there are important considerations your business should evaluate before adopting a […]
62% of recruiting leaders express optimism about AI’s impact on recruiting. But, even as AI is steadily integrated into hiring strategy, there remain concerns that this technology will replace human decision making. At HR+AI 2024, industry experts shared advice on how to use AI technology as a supplement to human-first hiring strategy.
On September 6, 2024, the U.S. Department of Labor (DOL) confirmed its cybersecurity guidance applies to all employee benefit plans, including health and welfare plans. In 2021, the DOL issued guidance providing best practices in cybersecurity for plan sponsors, plan fiduciaries, recordkeepers, and plan participants. The retirement plan industry took notice and has generally made […]
HR Daily Advisor and Human Capital Institute brought together industry experts and attendees at HR+AI 2024, live in New York City on Tuesday October 22. Even if you missed these thrilling discussions on AI’s growing role in recruiting, the candidate experience, and engagement, you can still learn from the event! AI Can Do a Lot, […]
Artificial intelligence (AI) refers to automatic systems that use data to make decisions, predictions, or recommendations. AI provides great opportunities to improve many aspects of our lives—how we work, learn, and live. Nevertheless, there are both pros and cons to using AI in the workplace. Advantages include increased efficiency and productivity, innovation, and removing remedial […]
Employers are looking to save time and money and are turning to artificial intelligence (AI) to make employment practices more efficient. In early 2024, the U.S. Department of Labor (DOL) issued guidance to help employers navigate the use of AI. The takeaway is that eliminating humans from critical employment processes could result in a violation […]
For several years now, finding and hiring talent has been top of mind for employers. But the picture is changing. Often, there are still more open jobs than qualified employees to fill them, but at least some studies show a shift in employers’ priorities. With the pandemic largely in the rear view, employers are working […]
On May 17, 2024, the Colorado Legislature passed Senate Bill (SB) 24-205 to protect employees and consumers by prohibiting developers of high-risk artificial intelligence (AI) systems from engaging in “algorithmic discrimination” in consequential decision-making. This prohibition also applies to organizations that deploy these high-risk AI systems. Governor Jared Polis signed the bill into law on […]
On April 30, 2024, the Office of Federal Contract Compliance Programs (OFCCP) announced the release of a new artificial intelligence (AI) landing page. Following the link, the OFCCP provides 10 FAQs following by “promising practices” on the development and use of AI by federal contractors. While the promising practices aren’t expressly required, the agency describes them […]