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FAST COMPANY – To mitigate AI’s racial bias in HR, managers should ensure AI tools are trained on diverse datasets and conduct regular audits. Transparent algorithms and incorporating human judgment at key decision points can help identify and correct biases. Providing bias training for employees interacting with AI systems is crucial. Establishing clear accountability for AI-driven decisions and fostering an inclusive workplace culture are essential steps to reduce the risks of racial bias in AI applications.
By POORNIMA FARRAR | JUN 27, 2024
HBR – Larry Cheng, a partner at Fidelity Ventures, emphasizes that great entrepreneurs possess passion, perseverance, and meticulous attention to detail. Successful venture investments align with personal interests and prioritize value creation beyond capital. Cheng advises founders to focus on clear priorities to avoid diluting their efforts and underscores the role of luck in entrepreneurial success. Failure, he notes, is an essential learning experience.