August 4, 2021
Business News

A nice bit of Business: WIT to get €3.5m EU funding for major study into labour market

The School of Business at WIT has been granted €3.5m in EU funding to carry out major research into the labour market.

The research will be led by Dr Ray Griffin and aims to develop a new algorithm and methods to help understand the fast-changing labour market.

“Everyone is concerned or should be worried about how algorithms and big data is being used in the labour market, we cannot put the technology genie back in the bottle, rather we need to figure out how to make the output from these novel technologies ethical, fair and transparent,” Dr Griffin said.

“We need to crack them open sociologically and anthropologically so that traditional researchers can fully understand how they operate and communicate that to the public.”

Currently Governments are using artificial intelligence, predictive algorithms and risk-modelling to make decisions in relation to the unemployed with little regard to actual real world experiences of people.

The WIT research will use sociological and anthropological studies to delve into unemployed people’s experiences  rather than relying on computer generated data  alone.

Entitled ‘HECAT: Disruptive Technologies Supporting Labour Market Decision Making’, the project was developed by Dr Griffin with colleagues Dr Tom Boland, Dr Zeta Dooly and Dr Aisling Tuite as part of the WUERC initiative (Waterford Unemployment/Employment Research Collaborative).

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