Thursday, April 18, 2024

From HR to programmers.. How will ChatGPT change the recruitment process?


Artificial Intelligence (Obvious)

Artificial intelligence

Age and economics influence the use of AI

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The recent release of Google’s AI bot “Bard” has brought another tech company into the emerging AI field.

But how many business leaders are currently using AI technology in their day-to-day operations or planning to do so?

According to new research, the answer is “a lot.” Half of companies surveyed by recruiting firm ResumeBuilder in February said they use ChatGPT; 30% said they plan to do so. The data, which included 1,000 participants from business leaders, was reported by “CNBC” and viewed by “Al”.

Stacey Haller, senior professional consultant at Resume Builder, said data can be the tip of the iceberg. After the survey was completed, more and more professionals started using AI.

Age and current economic status influenced the results, Haller said. For example, 85% of respondents are under the age of 44, and younger employees are more likely to adopt new technology.

“If you’re 38 or 40, you grew up with technology in your hands,” he added. “It’s second nature to you.”

Haller hypothesized that the large adoption was related to the labor market in the post-pandemic phase. After the corona pandemic, companies are adapting to the new economy through automation.

“We’ve seen ChatGPT replace the HR department’s jobs first, writing job descriptions or providing responses to applicants,” Haller said.

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When companies automate writing tasks, they free up more money for strategic areas of the company. According to the data, half of the companies using AI said they saved $50,000, and 10 said they saved $100,000.

How can programmers add generative AI to their resume?

CEO Praveen Kanda founded Fraction, a professional services startup that helps tech companies find the best developers, and says generative AI is part of his company’s strategy.

“We looked at it first on the demand side,” Kanda said. “Now we’re seeing it show up as a skill on developers’ resumes.”

In a ResumeBuilder survey, 9 out of 10 companies are looking for employees with ChatGPT experience.

“For example, ChatGPT is bad at math, but candidates can use their agile engineering expertise to break down the steps and see which inputs produce the best results by increasing the app’s ability to solve arithmetic word problems very quickly.”

“The day-to-day process of employment hasn’t changed, it’s an application,” Kanda added. “Hiring managers still want to see that paper, that PDF, and many developers have really bad resumes, regardless of their actual skills.”

He explained that software engineers are not writers and struggle to clearly explain their expertise. So his team’s role is to use AI workflows to solve this problem. Customers talk about their responsibilities with a chatbot like Otter.AI, which summarizes the ChatGPT working application. With rapid knowledge, the use of AI has become a sought-after tool for companies, Kanda said.

Human competition

With the right instructions, ChatGPT can write applications, code, and solve complex math problems. But should employees care about their jobs? As a founder, Kanda said he sees new technology as tools for communication, and new skills are always an advantage for employers or employees.

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“I encourage developers to get involved and improve their skills. These companies are making their APIs easier to use,” Kanda said. “From the company’s perspective, adoption can be competitive because it’s a new capability. Not everyone is doing it yet.”

There is growing concern that generative AI could replace jobs, perhaps not the most anticipated jobs. A recent study found that while telemarketers top the list of jobs “exposed” to AI, roles such as professors and social scientists are also at risk.

On the recruiting side, 82% of respondents said they used generative AI for recruiting in the latest ResumeBuilder update. Of the respondents, 63% said that candidates using “ChatGPT” are more qualified.

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Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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