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Stock impact report

British unions want new law to stop firms from using AI to spot facial expressions and tone of voice as part of hiring decisions [Yahoo! Finance]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Yahoo! Finance
The Trades Union Congress (TUC), which represents 48 workers' unions making up 5.5 million members, published a “ready-to-go” bill Friday that seeks to stop employers from using AI to hire, manage, and fire staff. The pace of change in AI means U.K. law is simply failing to keep pace with how firms could be adopting the technology to streamline their HR processes, to the detriment of workers, the TUC assistant general secretary Kate Bell. “Other countries are regulating workplace AI – so that staff and employers know where they stand. The UK can't afford to drag its feet and become an international outlier,” she said. The TUC set up an AI task force months ago to drive its research, which included the Alan Turing Institute and the Institute for the Future of Work. The union group and YouGov surveyed more than 2,300 U.K. adults, finding seven out of 10 people thought workers should be consulted before a firm introduces AI in the workplace. Despite this, firms have typically Show less Read more
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