A recent report found AI tools could unlock up to £532bn in productivity
AI is rapidly reshaping recruitment in the UK, yielding companies unprecedented efficiency gains; however, regulators are warning that these benefits must be balanced with fairness and transparency to maintain public trust.
William Malcolm, executive director of regulatory risk and innovation at the Information Commissioner’s Office (ICO), explained at Tuesday’s AI regulation summit : “We want organisations and individuals to benefit from AI, but that can only happen if safeguards are in place to ensure transparency and protect people’s data, which is at the heart of everything we do at the ICO.”
Malcolm highlighted the ICO’s ongoing work on automated decision-making (ADM), particularly in recruitment.
“We fully

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