Recruiter's AI Digest #23
Resources and perspectives to keep you ahead of the curve as AI deepens its impact in Recruiting. 🤖
Welcome to the community of 2,000 forward-thinking recruiting leaders. 🎉 We stay on the pulse of AI and its impact on recruiting, so you don’t have to!
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This week’s digest
AI in the news
I saw this post from Johannes Sundlo this week and felt I had to share. 😅 It seems some people are already voluntarily outsourcing their roles to AI.
👨🏼🏫 Google are working on an AI life coach: Google is reportedly developing an AI life coach that can provide personalized guidance on life challenges - from fitness to relationships. (link)
👩🏽⚖️ NY Times considering a lawsuit against OpenAI: News outlets like the New York Times are grappling with whether to allow their content to train models like ChatGPT, or to prohibit it - the Times is reportedly considering legal action against OpenAI over failed licensing negotiations. It could be a major impediment for OpenAI if they have to retrain their models ensuring they are not doing so using copywrited data. (link)
In this week’s newsletter, some awesome material worth checking out:
📹 Video:
RecFest 2023: AI will save Recruitment (Siadhal Magos)
📖 Article:
Are ChatGPT and automation the future of recruiting? (Indeed)
Companies like Amazon, Netflix, and Meta are paying salaries as high as $900,000 to attract generative AI talent (Business Insider)
AI’s Unexpected Role: Helping Retain, Not Replace, Top Developers (Forbes)
🛠 Event:
Pragmatic applications of AI in Recruiting (Moderated by Hung Lee)
Are there people you know struggling to digest all the AI news? Share this newsletter with them. 🙏
RecFest 2023: AI will save Recruitment (Siadhal Magos)
Check out Siadhal Magos’ keynote speech at Recfest 2023, where he makes the case that AI will augment the human aspects of recruiting rather than replace them. Key benefits highlighted include more time for nuanced judgment, stronger candidate relationships, and increased leverage and demand. Overall, AI stands to make recruiters more efficient, effective, and fulfilled.
Check out Siadhal’s blog post summary here.
Are ChatGPT and automation the future of recruiting? (Indeed)
ChatGPT is transforming recruiting, but automation isn't the whole solution.
ChatGPT is great for creating texts like job posts, but it's not a knowledge base. ⚠️
Must be cautious sharing data to avoid compliance issues. Keep sensitive info out! 😮
Candidates use it for applications, but it may not reflect abilities fully. 🤥
Can boost employer brand, but avoid just using AI for buzzwords. 💬
Automate manual processes, but maintain human element in recruiting. 🤝
Quality depends on the data fed in - garbage in, garbage out! 🗑️
Key is training staff on its strengths, limitations and ethical use.
Read it here.
Companies are paying salaries as high as $900k to attract generative AI talent (Business Insider)
🤖 Companies race to hire AI experts amid ChatGPT hype.
AI job listings quadrupled on Indeed this year. 📈
High six-figure salaries offered to attract scarce AI talent. 💰
Entry-level AI research roles can pay $150k+ out of college. 🎓
Shortage of qualified candidates fuels bidding war for AI professionals. 💼
Surging demand for AI expertise is driving up salaries, as companies compete for limited talent. Both tech firms and traditional businesses are urgently hiring to keep pace with AI advancements.
Read it here
AI’s Unexpected Role: Helping Retain, Not Replace, Top Developers (Forbes)
🤖 AI tools are retaining, not replacing, senior developers.
Strong demand for developers pushes companies to improve retention. 💼
AI automates tedious tasks like testing to free up developer time. ⏱️
This allows focus on complex problem-solving and creativity. 🧠
Developers appreciate working with the latest tech like AI. 🤖
AI boosts productivity, quality, and satisfaction - key to retention. 📈
Though often seen as a threat, AI currently enhances developer careers. By automating routine work, AI liberates developers for higher-value tasks they enjoy more. This improves retention in the tight talent market.
Read it here.
Event: Pragmatic applications of AI in Recruiting
Register to attend HERE.
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