Mastercard on Harnessing the Power of AI To Program Inclusivity

Originally published at mastercard.com. Mastercard ranked No. 2 on The DiversityInc Top 50 Companies for Diversity list in 2022.

 

Artificial intelligence is rapidly seeping into our everyday lives, transforming how we shop, bank and travel.

Now this new technology is on the brink of revolutionizing our work lives too.

The pandemic threw our perceptions about the workplace into question, and emerging technologies are helping redefine it by disrupting traditional roles, creating new opportunities for training and boosting diversity, equity and inclusion.

Most Canadians are upbeat about AI and believe it will start to enhance their lives. A recent Mastercard Canada survey shows 54% of respondents are optimistic about the technology. That jumps to 63% for younger people, with similar approval rates from those who identify as being neurodivergent, a visible minority, or a part of the LGBTQ community.

Yet this approval comes with some important caveats. Diverse respondents were more likely to say they worried that AI can be inherently biased and potentially increase inequality and discrimination against people based on their ethnicity or gender.

Their concern is certainly warranted.

Using skewed data to train AI systems can invariably produce systems that generate distorted and unfair outcomes in all areas of life — from getting approved for a loan to receiving appropriate health care to being recruited for a job.  

Read more at mastercard.com.

Latest News

5 Biggest News Stories of the Week: December 1

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. Bill to Protect…

Medtronic Increases Remote Access to Innovative Technologies and Training

Originally published at news.medtronic.com. Medtronic ranked No. 10 on The DiversityInc Top 50 Companies for Diversity list in 2022.   Medtronic plc, a global leader in healthcare technology, launched the Medtronic Customer eXperience Center (MCXC) in Singapore, leveraging innovative healthcare technologies across extended reality (XR), augmented and virtual realities and…

PwC on Providing Workplace Skills for Global Youth

Originally published at pwc.com. PwC is a Hall of Fame company.   Take on Tomorrow, the podcast from our management publication strategy+business, brings you Episode 10: “How can we ensure the workers of tomorrow get the skills they need today?” As countries around the world face labor shortages, global youth unemployment…