Did you catch Paksy’s, founder of impactmania, hour-long conversation on The Executives w/ Majid Mahmood? Over 17,000 of you did! On Instagram, it’s soared past 34,000 views!
Paksy chats informally about her favorite topics: tech and impact projects. Learn more about machine-to-machine economy and why in the future your resume is no longer needed.
In the video interview, she shares more about her work at Staex and the proliferation of machines and devices coming online that need to securely and reliably be managed for data exchange, allowing companies to run AI on their own data, exchange data with partners, access Web3 tools. All this is foundational to companies monetizing their data by selling or sharing it with customers and partners. 💰
Later in the conversation, Paksy shares more about impactmania and the organization’s EU-funded project. We have been stress testing AI systems and interviewing founders of AI startups, talent acquisition (TA) leaders from well-known companies, and job seekers in Germany.
The most alarming learning? impactmania’s tests showed that AI hiring tools such as Application Tracking Systems (ATS) often favor the least experienced candidates over top (educated and experienced) people. It’s clear that human biases and historical data play a big role in this — and how the machine learns over time. We would fool ourselves to say that algorithmic hiring is based solely on merit.
And achieving equity requires more than just unbiased AI. Stay tuned to our second report for the EU.