Machine learning outcomes are testable and corrective measures remain consistent, unlike in humans.
“People are not your most important asset. The right people are.” – Jim Collins, author and lecturer on company sustainability and growth.
“Are the right people in the right roles?” [This is] the single most important factor for leadership success and for organisational success.” – Gail Kelly, former CEO of Westpac
Adam Bryant who pens the terrific weekly column, The Corner Office, for the NYT has interviewed a diverse pool of leaders, and a common theme from 99 % of his interviews with CEOs is that success correlates with hiring the best team.
My former boss Tracey Fellows, CEO of the REA Group, was also fond of saying that it is ‘people’ that keeps her up at night more than any other business challenge.
Most hiring in most organisations relies 100 % on people to make those most important decisions. Yet we do so with little objective data. Instead, we have layers upon layers of bias! And to give you an idea of how many there are, here is a whooping full Wikipedia list of cognitive biases for you to check out. This article lays out in great detail a plethora of cloudy, smeary and hazy biases I didn’t know could exist.
It concludes that they are mostly unalterable and fixed, regardless of how much unconscious bias training you attend in your lifetime.
Read: Why a Lack of Diversity is Costing Your Business
In some functions/ departments, your “Hiring for Diversity” may be going very well. However, diversity training and hiring isn’t repeatable, where humans are involved.
And, if humans could be trained out of their biases, we may get more diversity in our new hires. But then, do we know that we are getting the ‘better’ hire from the applicant pool? How CAN you tell if you have no method of reliably testing for what matters for success?
You might say we rely on CVs to give us that ‘insight’ but did you know CVs are usually crafted, designed, worded and reworded to ‘best-light’ the applicant. 
Ever appointed an Excel whizz, who on hire doesn’t know a pivot from a concatenate? Or even worse, who cannot apply logic, reasoning and critical thought?
Because biases appear to be so hardwired and inalterable, it is more straightforward to remove bias from algorithms than from people.
This gives AI the potential to create a future where important insights underpinning decisions such as hiring, are made more fairly.
Read: Why Machines make better decisions than humans (oh and why I hate Simon Sinek)
Algorithmic bias is not the elephant in the room.
Some argue that algorithms themselves have bias. The reality is that machine learning, by its very definition, is aiming to find patterns in large volumes of data, mostly latent, to support decisive actions. Removing bias is driven by what bits of training data you use to feed the machine.
If you build models from the profile of your talent and that talent is homogenous and monochromatic, then so will be the data model and you are back to self-reinforcing hiring.
If you are using data which looks at age, gender, ethnicity and all those visible markers of bias, then, sure enough, you will amplify that bias in your machine learning.
Relying on internal performance data to make people decisions, that is like layering bias-upon-bias. Similar to building a sentencing algorithm with sentencing data from the US court system, which is already biased against black men.
So instead of lumping all AI and ML into one big bucket of ‘bias’, look beneath the surface to understand what’s going into the machine as that is where amplification risks loom large.
Unlike trying to solve human bias, machine learning is repeatable, stable, consistent and most importantly, testable. The value to the organisation is of course, immense.
Now that is ticking all the right boxes. It makes the possibility of objective and valid decisions available at scale, a probability.
The ability to test both training data and outcome data, continuously, allows you to detect and correct the slightest bias if it ever occurs.
Soon (maybe already) you will be putting yours, and your loved ones live in the hands of algorithms when you ride in that self-driven car. Algorithms are extensions to our cognitive ability helping us make better decisions, faster and consistently based on data, even in hiring.
You can try out PredictiveHire’s FirstInterview right now – HERE – or leave us your details to get a personalised demo 😀
Get our insights newsletter to stay in the loop on how we are evolving PredictiveHire
