In our latest eBook, How Will AI Transform Recruiting, we provide brief overviews of how AI-enabled tools and platforms can assist in writing job descriptions, sourcing and screening candidates, engaging candidates throughout the hiring process, facilitating interviews and improving onboarding experiences. Our objective is to provide HR and recruitment leaders who have yet to deploy these technologies with a guide to getting started with their journey. The question isn’t whether AI will transform recruiting or even when it will happen; it’s already underway.
The Need for Regulation: The recent gathering of tech visionaries on Capitol Hill signals a first step in establishing guardrails for AI governance to curtail the spread of misinformation, safeguard critical infrastructure, protect personal data and ultimately prevent a semi-apocalyptic scenario—intelligent machines outperforming humans. These much-needed discussions will eventually lead to policies and regulations that usher in a safer AI-enabled world. But this is unlikely to slow the unprecedented advance of AI technology. AI is here to stay. Statistica estimates that the global market for AI will expand at a remarkable compound annual growth rate of over 37% between 2023 and 2030.
Use of AI by Knowledge Workers: Regardless of your organization’s posture for integrating AI into daily operations, it’s already happening at the personal level. For example, knowledge workers use personal AI tools to record and summarize meetings and action items and to create first-draft content, graphics and imagery for marketing, white papers, proposals, presentations and social media. AI tools accelerate software development for coders and help turn side hustles into full-time gigs for millions worldwide.
Take the Plunge: If you’re a decision-maker or an influencer of your organization’s adoption of AI in HR and recruiting but have yet to experience the power of AI in your work or personal pursuits, it’s time to take the plunge. You’ll find that, unlike other technologies with a steep learning curve, AI tools are easy to use and inherently intuitive, responding to instructions and prompts in the same way a person would. A good reference for starting or expanding your personal AI journey is a Forbes article from February 2023: “Beyond ChatGPT: 14 Mind-Blowing AI Tools Everyone Should Be Trying Out Now.” If you’re on TikTok, just search for “Artificial Intelligence 2023” and prepare to be inundated.
The information presented in our latest eBook is based on research compiled from online sources and is intended only as a primer for organizations to use to learn more about AI-enabled recruiting tools and platforms. Engage2Excel Group and its Trendicators research division do not endorse or recommend any of the providers listed in this publication. Before making any purchase decisions regarding AI platforms or tools or implementing them within your organization, it is essential to engage key stakeholders from the IT, legal, finance, procurement and compliance teams.
Special thanks to the following members of the Trendicators Advisory Board who provided guidance to help shape the contents of this report.
Senior Vice President
HR Primeritus Financial Services
Chief Human Resources Officer
Chief People Officer