Recruiter's AI Digest #34
Resources and perspectives to keep you ahead of the curve as AI deepens its impact in Recruiting. 🤖
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This week’s digest
In this week’s newsletter, some awesome material worth checking out:
🎥 Videos:
Elon Musk & UK Prime Minister Discuss AI’s Global Risk
📖 Articles:
LinkedIn turns on OpenAI-powered reading and writing tools (TechCrunch)
The AI Recruiter: How Artificial Intelligence Is Revolutionizing the Hiring Process
(Recruitment.com, Mike Wolford)President Biden Issues Executive Order on Safe, Secure, and Trustworthy Artificial Intelligence
(Whitehouse.gov)At UK's AI Summit developers and govts agree on testing to help manage risks
(Reuters)
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Elon Musk & UK Prime Minister Discuss AI’s Global Risk
The UK Prime Minister, Rishi Sunak and Elon Musk had a conversation on AI and the Government role in AI at the UK AI Safety Summit 2023:
1️⃣ Elon Musk has been a vocal critic of unchecked AI development, warning about its risks for over a decade, influenced by his deep immersion in technology.
2️⃣ Musk acknowledges the recent advancements in AI, like deepfake videos and OpenAI's GPT series, highlighting the potential for profound artificial intelligence that exceeds human intelligence.
3️⃣ The UK Prime Minister and Musk discuss the need for AI safety and regulation, with Musk supporting most regulations and emphasizing the role of governments in keeping up with fast-paced tech advancements.
4️⃣ Musk expresses optimism about AI's potential to create an age of abundance, with no scarcity of goods and services, but cautions about the "magic Genie" problem, underscoring the need for careful consideration of wishes and desires.
5️⃣ Discussions also cover the impact of AI on the labor market, the need for an adaptable education system, and the balance between innovation and regulation, particularly in the context of AI and robotics.
LinkedIn turns on OpenAI-powered reading and writing tools
(TechCrunch)
LinkedIn is unleashing its AI prowess to boost user engagement and content creation. Here's a quick dive into what's happening:
🔍 Personalized Digests: AI will tailor content digests for users.
✍️ AI-Powered Content Creation: Users can employ AI for article summaries and crafting comments.
🌐 Premium Perk: Initially available to Premium users. LinkedIn will evaluate AI adoption before extending to all users.
🤖 OpenAI Partnership: The AI features are powered by OpenAI's technology.
The video below shares a view of some of these capabilities:
Read the article here.
The AI Recruiter: How Artificial Intelligence Is Revolutionizing the Hiring Process
(Recruitment.com, Mike Wolford)
Mike Wolford, author of "The AI Recruiter," discusses the transformative power of AI in recruiting. Here's what you need to know:
📊 AI's Strategic Role: AI influences workforce planning, analyzing historical data to predict future workforce needs. It helps screen candidates by comparing their skills to industry benchmarks, and it can generate tailored interview questions.
“I believe that AI will help recruiters better focus on people and strategy instead of on admin and scheduling. Nobody jumps out of bed in the morning and exclaims, "I can't wait to schedule!"
🚩 Red Flags: Be cautious about AI "hallucinations" when it guesses answers without solid data. Also, advocate for more transparency in AI decision-making.
🤖 Impact: The entire recruiting lifecycle will be impacted by AI.
🚀 Prepare for AI: Embrace AI as an ally to enhance efficiency. It can handle administrative tasks like email sorting and drafting, allowing recruiters to focus on meaningful interactions with candidates and strategic aspects of their roles.
“Now is the time to start using AI and understanding how to bring its benefits into your workday. The future is here, and AI will make you a better recruiter.”
Read the article here.
President Biden Issues Executive Order on Safe, Secure, and Trustworthy Artificial Intelligence
(Whitehouse.gov)
President Biden's order sets new rules for AI safety and security. It makes sure powerful AI creators share info with the government to ensure safety. Here are some of the key points to note:
🔬 Standards & Testing: The National Institute of Standards and Technology will make strict safety standards, and agencies will test AI for safety, especially for things like critical infrastructure and cybersecurity.
🧬 Biosecurity: New rules will stop AI from making dangerous stuff like biological weapons.
🔐 Privacy Protection: To protect privacy, AI won't use your data without your permission.
🙌 Equity & Rights: The government will make sure AI is used fairly and doesn't harm people's rights, especially in things like justice and healthcare.
👥 Consumer & Worker Safety: AI will be used safely in healthcare, and tools like AI tutors will be supported in education.
💼 Worker Support: President Biden is taking steps such as developing guidelines to minimize harm and maximize benefits from AI in the workplace and conducting studies to understand how AI impacts jobs and finding solutions to assist workers if their job landscape shifts. This initiative aims to ensure fairness and safety in the workplace while harnessing the potential of AI.
🌐 Global Leadership: America will lead in AI and work with other countries to make AI safe worldwide.
🏛️ Government AI: The government will use AI responsibly to make things better and save money, but it will be careful.
The full fact sheet is here.
At UK's AI Summit developers and govts agree on testing to help manage risks
(Reuters)
At the recent UK AI Summit, key players agreed to start testing AI models before release. 🧑💻
Companies like Microsoft, Google, and Meta attended along with government leaders from the US, EU, and China.
They signed the Bletchley Declaration agreeing pre-release testing of AI models is needed. 📜
UK PM Sunak said this will "tip the balance in favour of humanity." 🎖️
Yoshua Bengio will report on AI capabilities and risks to build shared understanding. 📊
China was there but didn't sign Thursday's testing agreement. 🇨🇳
Elon Musk said govts shouldn't rush laws, companies know risks best. 🚦
Full article here.
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