The new era AI-powered recruitment
AI in recruitment, friend or foe ?
I started my recruitment career about 12 years ago when the Internet provider company I was working for as a secretary needed to hire NOC (network operation center) engineers and I offered to help. After what they considered a successful recruitment round, I was even offered traineeship as a NOC engineer, but that is a whole other story. For the recruitment drive I posted an ad, scoured some CV databases, got some referrals and began cold calling.
Long gone are the days!
We do talk a lot about AI in …everything, especially with the arrival of ChatGPT3 and GPT4. Many would say that this is just the beginning of a recruitment transformation, and in a sense that is true, but recruitment AI powered tools have existed for a while now. We are now in what is called the era of Narrow AI, where we count on Machine Learning and Deep Learning to recognise patterns without any pre-programming and act like neural networks, feeding systems with answers based on structured and unstructured data.
It is important to understand some of the current and active, stand alone or part of larger solutions, organisations have access to in the 4 main areas where AI powered software is changing the way we attract, hire and create relevant candidate experience.
So here are 4 key areas of impact in talent acquisitions as we see them now:
Attraction and engagement will continue to see the most aggressive shift
Interviewing at scale will cost less
Assessment is the most challenged area due to ethics and fairness concerns
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Talent strategy will drive businesses to a whole new level
The time is ripe for companies to adjust their talent strategy to take advantage of AI powered tools. These tools enable businesses to efficiently and cost-effectively complete many of today’s simpler HR tasks and will be even more important in the future as they improve. At the same time talent functions are enabled to use their skill sets more efficiently and innovate faster, while increasing their job satisfaction—benefits for both the talent partners and the companies that seek to maximize their outputs and engagement.
Regulation is needed for equal opportunity and inclusive workplaces to prevail
That being said, OpenAI has generated a flurry of spin off applications that make regulators increasingly nervous. And rightfully so, as ethical considerations are rarely the first thing prioritised when the race for AI driven efficiency and wealth is so hot these days.
In the EU, the European Commission is inching towards passing a crucial AI act, that among other prerogatives destined to protect EU citizens, increase transparency and set ethical guardrails around the use of AI tools, we have specific indications of the limits businesses and governments need to respect, ie: the use of emotion recognition AI-powered software is banned in the areas of law enforcement, border management, workplace, and education. In the US, state regulators have also started to propose legislation that would restrict how these algorithms are used. New York City passed a bill recently that would require “bias audits” for algorithms used in hiring, and Washington, D.C.’s proposed Stop Discrimination by Algorithms Act of 2021 would set a strict list of requirements for companies wanting to use algorithms in employment settings like the automated video interviews.
“Nothing is lost, nothing is created, everything is transformed"
“Nothing is lost, nothing is created, everything is transformed" is attributed to Antoine Lavoisier who first formulated the law of the Conservation of mass. I am here for this tug of war between conversation and transformation and I’ll be honest, I am excited about the future of work.?
There is though a piece of information I left out about my first recruitment project story, after doing all the “tedious” recruitment work I talked to some amazing people and got inspiring new colleagues on board. I would still like to use recruitment for relationships and knowledge building, I would still want to have the luxury to make mistakes, not life affecting ones, but some. I would like to still be surprised and proud for having found, engaged with and hired a key person into good businesses. Maybe now the point of pride will be setting the best automation sequence or campaign prompt. All very likely, but I would like us to keep the pride of offering great jobs to great people, helping organizations grow to be inclusive workplaces with impact and purpose.
*Article originally published in HRDConnect - Global Community of HR Leaders.
Talent Acquisition Lead
1 年Good insights and examples Oana, I am purpoosely using tpyos so folks know my writiing isn't auto gennerated! ??
Senior Talent Acquisition Recruiter | Expert in Helping Companies Build High-Performing Teams
1 年Great read Oana, I've seen a lot of changes and supposed revolutionary transformations within the Recruitment Industry since I started just as the dot.com bubble burst. I've been using ChatGPT and other AI tech to aid me in my hiring but for me the essence of what value a recruiter adds, especially in-house, is the telling of the company story, the human engagement piece that can't be replicated. AI is going to reduce a lot of the administrative tasks which will help the recruiter stay focused on what we're great at, hiring great people. I enjoy using it, and would advocate for anyone in the industry to embrace AI, it will help you be better.
Chief Conversational AI Disruptor @ ChatFusion/ContactLoop | E&Y Entrepreneur of the Yr '08 | $150mn Exit ‘08 | AI Insights for Marketers & Sales Executives
1 年Insightful read Oana Iordachescu! The takeaway of streamlining hiring processes is crucial. It got me thinking about how AI can enhance other HR functions like performance management. What do you think is the best practice in ensuring a balance between leveraging AI's efficiency and ensuring fairness and inclusivity in the hiring process?
Thanks for Sharing! ?? Oana Iordachescu