AI in recruitment isn't a prediction -- it's already here

If you're accustomed to hearing the terms artificial intelligence (AI) and machine learning mentioned in the same breath as flying cars or living on other planets, you're due for a wake-up call. Machine learning is here -- and it's expected to grow even more in the next few years. The industry, valued at $8 billion in 2016, is anticipated to reach $47 billion by 2020. While a lion's share of that spend will go to banking and retailers, with data analytics poised to do everything from manage supply chains to predict what we'll be shopping for next, a large portion will be spent by business looking for ways to enhance the HR function. Startups are engineering AI for a piece of the huge HR assessment market and they're already seeing results.