Artificial intelligence (AI) is poised to change so much of what we do in our daily lives, as professionals in various industries already know. Specifically, the realm of HR has seen the AI revolution greatly change candidate recruiting. When job seekers send in applications today, they have to think about not only how they present themselves to any human interviewer, but also to any AI checkpoints or screening a company may use. Searching for and hiring new workers is an expensive venture. As such, many companies do employ both means -- human and AI -- in order to find the best employee for their open position.
Fortunately, developments in artificial intelligence have created a huge potential to fix the problems of antiquated hiring systems and accelerate the process to make recruiters more productive. A handful of software vendors are incorporating AI algorithms into their tools in order to automate tasks such as examining resumes, sending follow up emails, or finding potential candidates for your company's new vacancies. Beamery, a candidate relationship management software, uses machine learning software to enhance its clients' applicant tracking systems and build relationships with their candidates. EstherBot, another interesting project, helps turn your resume into an interactive chatbot that interacts with potential employers.
While we worry about artificial intelligence driving us into unemployment, a lot of job positions remain vacant and a large percentage of applicants never hear back from employers. This is largely due to the inefficiency of the manual recruitment tools and processes, which make it extremely hard for employers to find the right candidates. Among problems that recruiters struggle with are company job boards and applicant tracking systems that fail to deliver, email threads that become unmanageable, resumes that get lost in the corporate hiring pipeline and online job posts that become cluttered with low quality applications. Fortunately, developments in artificial intelligence have created a huge potential to fix the problems of antiquated hiring systems and accelerate the process to make recruiters more productive. A handful of software vendors are incorporating AI algorithms into their tools in order to automate tasks such as examining resumes, sending follow up emails, or finding potential candidates for your company's new vacancies.
Artificial intelligence, commonly known as "AI," is a popular buzzword these days. Some of us hear the term AI and picture of a dystopian future where people lose jobs and control to robots who possess artificial -- and superior -- intelligence to human beings. Others are more sanguine about our ability to control and harness technology to achieve more and greater things.
Since the ATS, recruiters have leveraged technology to make their jobs easier, faster, and better. Today, the dominant theme in HR technology is AI for recruiting. AI for recruiting is an emerging category of HR technology designed to reduce -- or even remove -- low-level sourcing activities like manually screening resumes. Screening resumes efficiently and time-effectively still remains the biggest challenge in talent acquisition: 52% of talent acquisition leaders say the hardest part of recruitment is identifying the right candidates from a large applicant pool. According to a survey of talent acquisition leaders, 56% say their hiring volume will increase this year, but 66% of recruiting teams will either stay the same size or contract.