Policy Statement on Compliance with the EU AI Act
Introduction:
At Ferretly, we are committed to providing our clients with insightful reports on candidate behaviors sourced from publicly available social media data while fully adhering to the European Union's Artificial Intelligence Act. This policy outlines how we ensure compliance with this landmark regulation, which can be accessed at Regulation (EU) 2024/1689.
1. Human-AI Collaboration:
AI as a Tool: Our service utilizes AI internally to assist human analysts in identifying and reporting on specific behaviors from social media. The AI does not make decisions or generate scores; it aids in data processing to provide factual insights.
2. No Automated Decision-Making or Scoring:
Human Oversight: All analyses are overseen by human analysts who review AI-assisted findings. This ensures that our reports do not contribute to or facilitate any form of social scoring or automated decision-making, which is prohibited under the EU AI Act.
3. Data Governance and Bias Mitigation:
Fairness in Data Use: We ensure that our AI tools are trained on data sets designed to minimize bias. Regular audits are conducted to detect and correct any potential biases in our AI systems, aligning with the Act's requirements for high-risk AI.
4. Consent and Transparency:
Informed Consent: We require explicit consent from candidates before analyzing their public social media profiles. This consent process informs candidates how their data will be used, emphasizing transparency in line with both the EU AI Act and GDPR principles.
Communication of Use: We clearly communicate to both candidates and employers that our service provides informational reports without influencing decisions through scoring or profiling.
5. Handling of Public Data:
Respect for Privacy: Although social media data is public, we handle it with respect for individual rights. Our approach ensures compliance with the EU AI Act's ethical considerations regarding data usage, even when data is publicly accessible.
6. Reporting to Employers:
Informational Reports: Our reports are structured to provide factual insights about candidate behaviors, avoiding any implication that could lead employers to engage in social scoring or discriminatory practices. The emphasis is on information, not on decision-making.
7. Compliance Documentation:
Record Keeping: We maintain comprehensive records of our compliance efforts, including how consent is managed, how data is processed, and how human oversight is integrated into our service delivery.
8. Continuous Compliance Monitoring:
Adaptability: As the interpretation of the EU AI Act evolves, Ferretly commits to updating our practices to ensure ongoing compliance. We conduct regular compliance checks and updates to our policies, procedures, and AI tools.
9. Legal and Ethical Compliance:
Expert Consultation: We engage with legal experts specialized in EU law to ensure our interpretation and implementation of the EU AI Act's requirements are correct and up-to-date.
Conclusion:
Ferretly's commitment to compliance with the EU AI Act is integral to our operations. By combining AI technology with human oversight, ensuring transparency, and focusing on ethical data use, we aim to provide valuable insights while safeguarding the rights and dignity of all individuals involved. This policy statement reflects our dedication to ethical AI practices and regulatory compliance.