AI in Recruiting: Data Mining in the 21st Century
While AI (artificial intelligence) in recruiting might still be shiny and new, chances are, if you’ve been out in the job market as a job seeker or TA professional recently, you’ve come across this use of technology. The power of AI is the capability to sort through the myriad data types, review a variety of variables, and identify trends that might not be obvious to the average person. More often than not, candidates don’t hear back after submitting an application – according to Forbes, that’s about 85% of applicants. On the flip side, 71% of employers say they have trouble finding a perfect match for their roles. Enter…AI. The AI market is hot and competitive in each industry it touches, and TA is no exception. Per Fortune.com, about 75 startups are fighting to get their share of the $100 billion HR assessment market. Further, Josh Bersin, principal at Bersin by Deloitte, states, “I get emails [...]