There should be ways for a corporation to vet based on severity of the role to match the severity of the candidate, backgrounds included. Cases like, you wouldn’t want to hire a CFO who has been convicted of fraud. Likewise you wouldn’t want a president who’s been convicted of crimes either.
But if you don’t need access to sensitive information, you aren’t dealing with corporate funds or accounting, just a cog in the machine, I don’t think it should matter.
The issue is now, even the smallest issue from years ago is flagged by an AI, which in turn rejects you from a downstream workflow, which doesn’t put you in the hiring managers lap.