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AI & Data Literacy

You're reading from   AI & Data Literacy Empowering Citizens of Data Science

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Product type Paperback
Published in Jul 2023
Publisher
ISBN-13 9781835083505
Length 238 pages
Edition 1st Edition
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Author (1):
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Bill Schmarzo Bill Schmarzo
Author Profile Icon Bill Schmarzo
Bill Schmarzo
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Table of Contents (14) Chapters Close

Preface 1. Why AI and Data Literacy? FREE CHAPTER 2. Data and Privacy Awareness 3. Analytics Literacy 4. Understanding How AI Works 5. Making Informed Decisions 6. Prediction and Statistics 7. Value Engineering Competency 8. Ethics of AI Adoption 9. Cultural Empowerment 10. ChatGPT Changes Everything 11. Glossary 12. Other Books You May Enjoy
13. Index

Real-world use case: AI in the world of job applicants

In 2018, about 67% of hiring managers and recruiters used AI to pre-screen job applicants. By 2020, that percentage has increased to 88% [2].Poorly constructed and monitored AI models introduce biases in the decision process, lack accountability and transparency, and do not necessarily even guarantee to be effective in hiring the right applicants. These AI hiring models fail by:

  • Accepting (hiring) a candidate whose resumes and job experience closely matches the AI model metrics, behavioral characteristics, and performance assumptions, but for other reasons not captured by the model does not work out and most be fired (False Positive)
  • Rejecting highly-qualified candidates whose resumes and job experience don’t closely match the metrics, behavioral characteristics, and performance assumptions underpinning the AI models (False Negative).
Figure 6.7: AI-based Hiring Model Type I and Type II Errors

The good news is that these...

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