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Articles related to "company"


Artificial intelligence will help determine if you get your next job

  • Take, for instance, the Utah-based company HireVue, which sells a job interview video platform that can use artificial intelligence to assess candidates and, it claims, predict their likelihood to succeed in a position.
  • Meanwhile, the Equal Opportunity Employment Commission (EEOC) — the federal agency that deals with employment discrimination — is reportedly now investigating at least two discrimination cases involving job decision algorithms, according to Bloomberg Law. Recruiters can make use of artificial intelligence throughout the hiring process, from advertising and attracting potential applicants to predicting candidates’ job performance.
  • These games are meant to predict candidates’ “cognitive and personality traits.” Pymetrics says on its website that the system studies “millions of data points” collected from the games to match applicants to jobs judged to be a good fit, based on Pymetrics’ predictive algorithms.

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How to effectively employ an AI strategy in your business

  • This means that even though companies need experts to create models and algorithms, but they also need people with different technical abilities who can discover useful insights from data before passing it on to the experts.
  • To be able to come up with relevant questions, companies need to have people who are creative with an analytical mindset and have solutions backed by data and not gut feeling.
  • Another important reason for connecting to the community is that most of the data scientists and researchers today want to collaborate with others.
  • The technologies in AI space are advancing at a rapid pace, and by connecting, people want to ask all the right questions, share with others, participate with them, and learn from everyone.
  • A lot of existing pioneers in machine learning and AI are regularly open-sourcing their technologies, which could act as a good starting point for others.

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Uber and Lyft Suggest the Days of Cheap Rides Could Be Over

  • Both continue to record big losses, but executives at the companies hinted in recent calls that they are trying to cut back on discounts and subtly raise prices.
  • Good thing, too, because the ride-hail companies—which have recently made entrees into bikes, scooters, self-driving vehicles, transit agency partnerships, and, for Uber, on-demand delivery, in bids to become the app kings of transportation—are still losing plenty of money.
  • The bleeding was the worst at Uber, which reported a $5.2 billion loss for the quarter amid record low revenue growth.
  • For example, driver incentives for its buzzy and growing Uber Eats restaurant-delivery service more than doubled in the second-quarter, compared with a year earlier, while revenue for the service increased 72 percent.
  • Uber also took a hit in Latin America, where its revenue fell by 24 percent in the quarter, as Chinese ride-hail company Didi began an aggressive push into that market.

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Less than an hour with my laptop showed me exactly why it's so important to shop around for car insurance

  • There's a lot that goes into pricing car insurance premiums — don't let one company's formula cost you more than you need to pay.
  • Consumer Reports data shows that State Farm is one of the more affordable car insurance companies in Washington, so I figured I'd give it a shot.
  • This quote from State Farm for a comparable $25/$50/$10 policy was over $100 cheaper than Progressive's, but that still seemed high.
  • Every car insurance company takes a different look at factors like driving history and credit scores.
  • Lastly, I wanted to try a pay-by-mile insurance company, so I tried Metromile.
  • But, Metromile's quote was still $1,148 for a $50/$100/$25 policy based on 800 miles per month, about $118 cheaper than State Farm's unlimited mile coverage.
  • Car insurance policies are truly individual, and every one costs each person a different amount.

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The most important IPO for Silicon Valley in 2019 comes from Saudi Arabia

  • Saudi Arabia sits on loads of money that it wants to invest in Silicon Valley startups.
  • The public listing is expected to give the Saudi government $25 billion in cold, hard cash, much of which is thought to be headed to the Saudi’s sovereign wealth fund called the Public Investment Fund (PIF).
  • Over the last few years, the Saudis have crept quietly into every facet of the Silicon Valley startup scene, investing in companies you’ve heard of, like Uber, and many you haven’t, often with little fanfare or scrutiny.
  • Tech leaders won’t attend the Riyadh conference, but the Saudi government is still investing in startups like those of Uber founder Travis Kalanick, and it still manages to infiltrate iconic American tech companies like Twitter with its spies.

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An Introduction to Machine Learning and AI in the Legal Industry

  • The most exciting aspect of applying AI in the legal profession lies in the automation of repetitive and straightforward tasks, like eDiscovery or judicial bill review, while enabling human experts to improve results beyond what machines or people could do alone.
  • As an example: A restaurant could, for example, better cater to their customers by building a machine learning model that analyzes their busiest periods, the most popular menu items, and estimated waiting times to more accurately schedule service staff and schedule stock supplies for improved customer experience.
  • When machine learning is implemented for legal operations, the data from invoices, matters, other legal records “trains” the AI to recognize patterns, while the expertise of the legal department staff provides feedback that allows the AI to improve results over time.
  • Through utilizing machine learning and AI, legal and claims departments see that compliance with their billing guidelines — an issue many companies struggle with — can be improved significantly across outside counsel relationships.

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How to effectively employ an AI strategy in your business

  • This means that even though companies need experts to create models and algorithms, but they also need people with different technical abilities who can discover useful insights from data before passing it on to the experts.
  • To be able to come up with relevant questions, companies need to have people who are creative with an analytical mindset and have solutions backed by data and not gut feeling.
  • Another important reason for connecting to the community is that most of the data scientists and researchers today want to collaborate with others.
  • The technologies in AI space are advancing at a rapid pace, and by connecting, people want to ask all the right questions, share with others, participate with them, and learn from everyone.
  • A lot of existing pioneers in machine learning and AI are regularly open-sourcing their technologies, which could act as a good starting point for others.

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Take an exclusive sneak peek at a new tool the UN hopes will revolutionize the way companies track their sustainability goals

  • This year, the Business Roundtable, a collection of around 200 CEOs of the largest American companies, released a statement that rejected shareholder primacy and advocated for a "stakeholder" model in its place, which, despite lacking binding language, gave major credence to B Lab's mission.
  • Kassoy, one of B Lab's cofounders, told us that over the past decade, the financial crisis caused a cultural shift away from corporate criticism on primarily a case by case basis to one demanding systematic change.
  • B Lab decided that the UN's Sustainable Development Goals (SDGs), 17 goals set in 2015 that are aimed at addressing causes and effects of inequality and man-made climate change, would be their guide.
  • Osusky and Velez Villa said that beta testers are indicating that most companies will want to focus on one to five particular SDGs, and that after about a month of being live, the Action Manager will have enough data to show how a company measures up against others in its industry.

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A woman who works with sexual misconduct survivors says Harvey Weinstein's tentative $25 million settlement isn't surprising because victims are used to settling for 'less than what we deserve'

  • The New York Times reported on Wednesday that Weinstein and the board of his bankrupt film studio had reached a $25 million tentative settlement with dozens of actresses and former Weinstein Company employees who had accused the disgraced Hollywood mogul of sexual misconduct, ranging from harassment to rape.
  • In many cases, defendants will file for bankruptcy to avoid paying victims of sexual assault directly, Palumbo said.
  • The $25 million payout looming in Weinstein's case is part of a larger $47 million settlement meant to close out Weinstein's bankrupt company, lawyers told The New York Times.
  • More than $12 million of the payout would go toward Weinstein's legal costs, Weinstein's brother, and other former members of the film company's board, The New York Times reported.

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6 months after a major public controversy, YouTube is changing its anti-harassment policies

  • YouTube announced on Wednesday that it’s making long-awaited changes to its harassment policy, saying it will tighten rules around what’s considered a threat and toughen punishment for repeat offenders.
  • For years, the video platform has faced intense scrutiny from critics, including its own employees, who say it’s allowed hate speech and harassment to flourish — particularly with content that targets racial minorities, women, LGBTQ individuals, and other historically marginalized groups.
  • Controversy around YouTube’s policies hit a high point in June after Vox Media journalist Carlos Maza called public attention to the repeated harassment he was receiving from conservative YouTube commentator Steven Crowder.
  • A spokesperson for Vox Media declined to comment on YouTube’s harassment policy changes and plans to take down certain Crowder videos, and referred Recode to the previous open letter.

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