In recent years, we have seen proposals for numerous laws that support algorithm audits by an external company, and last year dozens of influential members of the AI community from academia, industry, and civil society recommended external algorithm audits as one way to put AI principles into action. Like consulting firms that help businesses scale AI deployments , offer data monitoring services , and sort unstructured data, algorithm auditing startups fill a niche in the growing AI industry. But recent events surrounding HireVue seem to illustrate how these companies differ from other AI startups. HireVue is currently used by more than 700 companies, including Delta, Hilton, and Unilever, for prebuilt and custom assessment of job applicants based on a resume, video interview, or their performance when playing psychometric games. Two weeks ago, HireVue announced that it would no longer use facial analysis to determine whether a person is fit for a job. You may ask yourself: How could recognizing characteristics in a person’s face have ever been considered a scientifically verifiable way to conclude that they’re qualified for a job? Well, HireVue never really proved out those results, but the claim raised a lot of questions. A HireVue executive said in 2019 that 10% to 30% of competency scores could be tied to facial analysis. But reporting at that time called the company’s claim “ profoundly disturbing .” Before the Utah-based company decided to ditch facial analysis, ethics leader Suresh Venkatasubramanian resigned from a HireVue advisory board . And the Electronic Privacy Information Center filed a complaint with the Federal Trade Commission (FTC) alleging HireVue engaged in unfair and deceptive trade practices in violation of the FTC Act . The complaint specifically cites studies that have found facial recognition systems may identify emotion differently based on a person’s race. The complaint also pointed to a documented history of facial recognition systems misidentifying women with dark skin , people who do not conform to a binary gender identity , and Asian Americans . Facial analysis may not identify individuals — like facial recognition technology would — but as Partnership on AI put it , facial analysis can classify characteristics with “more complex cultural, social, and political implications,” like age, race, or gender. Despite these concerns, in a press release announcing the results of their audit, HireVue states: “The audit concluded that ‘[HireVue] assessments work as advertised with regard to fairness and bias issues.'” The audit was carried out by O’Neil Risk Consulting and Algorithmic Auditing ( ORCAA ), which was created by data scientist Cathy O’Neil. O’Neil is also author of the book Weapons of Math Destruction, which takes a critical look at algorithms’ impact on society. The audit report contains no analysis of AI system training data or code, but rather conversations about the kinds of harm HireVue’s AI could cause in conducting prebuilt assessments of early career job applicants across eight measurements of competency. The ORCAA audit posed questions to teams within the company and external stakeholders, including people asked to take a test using HireVue software and businesses that pay for the company’s services. After you sign a legal agreement, you can read the eight-page audit document for yourself. It states that by the time ORCAA conducted the audit, HireVue had already decided to begin phasing out facial analysis.https://venturebeat.com/2021/01/30/what-algorithm-auditing-startups-need-to-succeed/
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Of the 15, eight trade on a U.S. exchange. I’d check them out. Masco (NYSE:MAS) Rollins (NYSE:ROL) Moelis & Company (NYSE:MC) Tractor Supply (NASDAQ:TSCO) Victory Capital (NASDAQ:VCTR) GlaxoSmithKline (NYSE:GSK) T. Rowe Price (NASDAQ:TROW) S&P Global (NYSE:SPGI) Open Text (NASDAQ:OTEX) FirstService (NASDAQ:FSV) 7 Overvalued Stocks Investors Just Don’t Get Tired Of In the meantime, here are 10 dividend stocks that are likely to do the same. Dividend Stocks to Buy: Masco (MAS) Source: Africa Studio / Shutterstock.com Business has been good for the global leader in home improvement and building products whose brands include Behr Paint, Delta faucets, and Endless Pools. On Feb. 9, the Michigan-based company announced that it was increasing its annual dividend by 68% from 56 cents to 94 cents, starting with the Q2 2021 payment. Also, the company announced a new $2 billion share repurchase program effective immediately. “The anticipated dividend increase we’ve announced today, along with the new $2B share repurchase authorization, underscores our strong financial position and the Board’s confidence in our future,” stated Chief Executive Officer Keith Allman. In recent years, Masco has ridden the home improvement boom to deliver a five-year annualized total return of 17.3% through Feb. 12. With a trailing 12-month (TTM) free cash flow (FCF) of $840 million, it has an FCF yield of 5.3% based on an enterprise value of $15.8 billion. Rollins (ROL) Source: Shutterstock I’ve always liked Rollins, one of the world’s largest providers of pest control services. In May 2016, I included ROL in a group of 10 top stocks that ought to be in every retirement portfolio. It’s up 224% since then, and that doesn’t even include the dividends. “Over the long haul, it hasn’t disappointed delivering 18 consecutive years of earnings growth and 14 consecutive years of dividend increases averaging 12%,” I wrote on May 18, 2016. In fiscal 2020, Rollins increased sales and earnings by 7.2% and 13.3%, respectively. Accounting for the 3-for-2 split on Dec.https://finance.yahoo.com/news/u-manufacturing-production-rises-solidly-145330825.html