12:45–1:30 p.m. ET

Using AI to Reduce Bias in Workforce Decisions: Changing Systems, Not People

Frida Polli
CEO and Co-founder
pymetrics

Lauren Foster, Moderator
Content Director, Professional Learning
CFA Institute

  • Daniel Kahneman’s System I (fast thinking) and System II (slow thinking) framework provides a relevant structure to analyze how processes evaluate job candidates.
  • The status quo of workforce decisions is built on biased fast thinking, which limits our ability to find the best people.
  • System I thinking is not amenable to de-biasing.
  • System II thinking can be used to design workforce decision systems that focus on accountability, transparency, and bias mitigation.
  • Responsible AI is optimized for both performance and equity, so it helps reduce bias and find better performing employees.