While there are no 2025 or 2026 reports that estimate the average costs that businesses pay due to AI bias, numerous studies show that companies' bias is affecting sectors significantly across the board.
Bias in HR systems, as automated hiring tools become the standard, is the most visible one. Stanford University recently followed 3.4 million people who submitted 4 million job applications to 1,700 job postings across 150 employers and 11 industry sectors and found that AI HR hiring tools can yield racial bias and systemic rejection.