Seeking Alpha reported:
Carlyle Group agrees to take a majority stake in HireVue, a provider of AI-driven talent assessment and video interviewing solutions.Hirevue's website describes the company:
HireVue is transforming the way companies discover, hire and develop the best talent by combining the power of video, games and AI for better hiring decisions. The HireVue Assessments and Video Interviewing Platform uses a ground-breaking combination of industrial/organizational science and rigorously tested, predictive artificial intelligence to help customers find and engage higher quality talent, faster.My healthcare employer used artificial intelligence to predict patient decline. Our experienced nurses laughed at the number produced by the company's complex algorithm. Our doctors shook their heads over the need to reduce a patient's myriad of disease processes into a single score and pretend it meant more than the eye of a good nurse or the consensus of a healthcare team. The company never asked our physicians for any kind of input, even though they had decades of experience.
Human Resources morphed into human neglect as virtually every function was contacted out to a vendor. HR served executives not employees. Strategic HR existed to implement the will of our new private equity owners. They fired critical staff to meet financial targets. Customer service became abysmal. Nobody cared, not even our well insulated compliance department.
Video, games and AI will do nothing to hire experienced clinicians. But it may ensure fans of private equity get ranked higher.
I cannot think of a more evil combination, the merging of algorithms with the greed and leverage boys. Algorithms blew up Wall Street. I'm sure they and private equity can make any workplace a living hell.
Update 11-11-19: Google's healthcare partnership has access to millions of health records and plans to use artificial intelligence to "identify diseases and make predictions aimed at improving outcomes and reducing cost." How about we reduce costs by not spending a penny on healthcare AI? I don't want an algorithm deciding what treatment I need or can't get. The public has seen the driver-less car not recognize a jaywalker and Goldman's Apple credit card employ a sexist algorithm without even know the cardholder's gender. The Boeing 737 Max shows MCAS system programming can be deadly on a mass scale.
