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Make Me Smart

A blueprint for AI regulation in hiring?

Make Me Smart

Marketplace

News, Business

4.65.4K Ratings

🗓️ 7 July 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

A new law in New York City requires employers who use artificial intelligence in their hiring process to have those systems audited for bias. We’ll get into how bias can be encoded into these AI hiring tools and why this law could serve as a model for future AI regulation. Then, is the labor market in a sweet spot? Guest host Amy Scott unpacks new jobs data that paints a picture of a remarkably strong labor market in spite of the Federal Reserve’s anti-inflation crusade. Plus, how some apps can help you make friends IRL.

Here’s everything we talked about today:

Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.

Transcript

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0:00.0

Hey everyone, I'm Rimechres, host of This is Un Comfortable, a podcast from Marketplace.

0:05.3

This season, we explore how secrets can shape our financial lives.

0:09.7

We've got stories about the creative lengths people go to pay off student debt,

0:14.0

what it's like to become addicted to financial submission,

0:17.3

and how easy it can be to get stuck in a vicious cycle.

0:20.5

We take a look at how secrets take a toll on our lives,

0:23.6

and what price some are willing to pay for the truth.

0:26.8

Listen to This is Uncomfortable, wherever you get your podcasts.

0:30.7

Hi everyone, it's Drew. All of us here on the Make Me Smart team want to say thank you,

0:36.3

to those who stepped up to join our community of Marketplace investors at the end of our budget

0:41.2

year. Your support empowers us to continue making everyone smarter about the economy,

0:47.2

and that means so much. It's not too late to become a Marketplace investor.

0:52.0

Just go to Marketplace.org slash give smart.

0:54.5

Thanks again.

1:25.0

We're going to do our best, right?

1:28.8

Almost blew the intro, but we'll get there.

1:31.8

I mean, that's all we can do.

1:33.4

I guess.

1:34.0

All right, let's do the news. Shall we?

1:36.0

Megan, do you want to go first?

1:38.4

All right, I will go first.

1:41.2

I brought an item. It's a story that I have been covering for quite a long time actually.

...

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