Algorithmic Bias Auditing as a Service (ABAAS)
A black-box auditing service that 'verifies' the fairness of diversity ranking algorithms but lacks transparency and independent oversight. Companies offering ABAAS often have close ties to the legal tech firms being audited, creating a conflict of interest. While claiming to detect and mitigate bias, ABAAS primary function is to provide legal cover for existing algorithmic discriminations, enabling companies to confidently justify actions deemed equitable by the AI. They offer premium reports with favorable interpretations ensuring clients’ competitive advantage in talent acquisition and investor relations.