Artificial Intelligence Has Turned Hiring Into Dystopian Cycle Of Bots Trying To Trick Bots
The development of AI tools that can truly understand a company's needs, suggest vetted candidates, and accelerate the hiring process is essential to break this cycle.
AI bots are fighting AI bots! That’s the new pattern seen in recruitment, at least in the IT industry. The rise of AI in job applications has created a dystopian cycle where bots are pitted against bots in a futile attempt to outsmart one another. So applicants use AI to write and send their resumes, while hiring companies use AI to vet these resumes!
Tech founders and executives are increasingly disillusioned with traditional hiring models, deeming them inefficient and outdated. While AI has the potential to streamline the process, its current limitations in understanding nuanced criteria beyond keyword matching are hindering its effectiveness.
The solution lies in developing gen-AI tools that can truly comprehend company needs, suggest qualified candidates, and expedite the hiring process. By focusing on a more human-centric approach, we can mitigate the current bot war and create a more efficient and effective recruitment system.
In Today’s Newsletter:
AI Is Making Hiring a Dystopian Loop of Bots Outwitting Each Other
AI Adoption Sparks Major Shift in IT Skillsets, Survey Finds
AI and ML Job Market Shifts Toward Specialization, New Guide Offers Clarity
Nine In-Demand Tech And IT Jobs
GitHub Survey Shows 56% of Indian Developers Feel AI Improves Employment Chances
93% of Large Firms View AI as Crucial, but Talent Shortage Persists: Report
AI Will Not Lead To Job Loss: World Economic Forum
68% of GCC Tech Professionals Report AI Boosts Productivity, But Training Lags Behind: Hays Survey
China's Protected Market Is Nurturing AI Providers That Could Soon Transform Europe's Work and Data Practices
China’s AI Video Surge Sends a Global Wake-Up Call, Closing the Gap with the US While Unleashing New Challenges
Elon Musk’s Grok-2 AI Model Pushes Technological Boundaries and Sparks Ethical Debate
The Need for Culturally Inclusive Global AI Ethics Standards
Sakana AI Team Unveils Autonomous AI Scientist Capable of Conducting Scientific Research
India Lags in AI Research Compared to US and China, Despite Abundant Tech Talent
Skills Shortages Impeding AI Goals for Firms, Expereo and IDC Research Reveals
Google Awards $1.5 Million Grant to Fulbright University Vietnam for AI Research and Education
China's Protected Market Is Nurturing AI Providers That Could Soon Transform Europe's Work and Data Practices
….plus, “Top Picks” and more.
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AI Is Making Hiring a Dystopian Loop of Bots Outwitting Each Other
The rise of AI in job application processes has led to a flood of applications and a dystopian cycle of bots trying to trick bots in the hiring process.
Traditional hiring models are perceived as broken by tech founders and execs, with AI technology struggling to effectively match candidates based on nuanced criteria beyond keyword matching.
The development of AI tools that can understand company needs, suggest vetted candidates, and accelerate the hiring process may offer a solution to the current bot war in tech hiring, creating a more human-centric approach. That explains how 3000 people ended up applying to a single open data science vacancy at a healthtech company this year.
Source: fastcompany.com
AI Adoption Sparks Major Shift in IT Skillsets, Survey Finds
The IT industry is on the brink of a significant transformation in skillsets as AI becomes more widely adopted, according to a recent Pluralsight survey of executives and IT professionals. The survey, which gathered insights from 1,200 executives and IT workers across the US and UK, reveals growing concerns about the impact of AI on job roles and skills.
A significant 74% of IT professionals worry that AI tools will render many of their daily skills obsolete, and 69% fear that AI could eventually replace them altogether.
Source: cio.com
AI and ML Job Market Shifts Toward Specialization, New Guide Offers Clarity
The rapid development of artificial intelligence and machine learning has forced the job market to adapt, signaling the end of the era of AI and ML generalists and ushering in a new focus on specialists.
Even experienced professionals may struggle to navigate this evolving landscape, let alone newcomers. In response, a new guide has been created to help individuals understand the different roles within AI and ML.
Source: kdnuggets.com
Nine Tech And IT Jobs in Demand
The article discusses nine in-demand tech and IT jobs for 2024, highlighting their median salaries, job descriptions, recommended skills, career paths, and projected job growth.
The featured jobs include IT manager, machine learning engineer, site reliability engineer, software developer, computer network architect, DevOps engineer, information security analyst, data scientist, and computer systems analyst. It emphasizes the importance of considering the demand for specific jobs when making career decisions and notes that these roles offer higher-than-average salaries and strong job growth prospects.
Source: techtarget.com
GitHub Survey Shows 56% of Indian Developers Feel AI Improves Employment Chances
A survey conducted by Microsoft-owned GitHub revealed that 99% of respondents in India consider AI skills to be important for job attractiveness, with 56% believing it improves employment chances.
Over 80% of Indian developers have noticed an improvement in code quality due to AI tools, and 66% believe these tools help them meet customer needs. However, only 40% reported that their companies actively promote the use of AI coding tools.
The majority of respondents expect AI coding tools to enhance code security, with 41% of Indian respondents sharing this view. GitHub's chief operating officer emphasized the need for organizations to operationalize AI throughout the software development lifecycle. Additionally, 70% of Indian respondents find AI coding tools easy for learning new programming languages, and about 75% indicated that their organizations use AI tools for test generation.
Source: fortuneindia.com
93% of Large Firms View AI as Crucial, but Talent Shortage Persists: Report
Large companies are facing a severe shortage of AI-skilled personnel, hindering successful AI implementation.
Concerns about biased outcomes and lack of diversity within AI workforce are prevalent among organizations.
This is based on a survey of 600 senior IT decision-makers from large companies in the USA, UK, India, and Spain. It reveals that 93% of large companies consider AI essential to their success, but more than three-quarters struggle with a shortage of AI-skilled personnel.
Source: financialexpress.com
AI Will Not Lead To Job Loss: World Economic Forum
For technology, including artificial intelligence (AI), to have a macroeconomic impact, it must be deflationary.By lowering costs and prices, it can increase real incomes and demand, creating new jobs and balancing out job losses caused by automation, according to experts at the World Economic Forum (WEF).
For those who don't know, "deflationary" refers to a decrease in the general price level of goods and services in an economy over time.When something is deflationary, it causes prices to drop, which can increase the purchasing power of money.
In the context of technology, if a technology is deflationary, it means that it helps lower costs and prices, making goods and services more affordable, and potentially boosting economic activity by increasing real incomes and demand.
According to the WEF experts, predictions of technological unemployment have repeatedly failed, as new jobs emerge to offset job losses driven by automation.
Source: weforum.org
68% of GCC Tech Professionals Report AI Boosts Productivity, But Training Lags Behind: Hays Survey
According to a survey by “Hays”, nearly 7 out of 10 technology professionals (68%) in the GCC region believe that artificial intelligence (AI) has significantly increased productivity and efficiency. Given AI's growing importance, half of the tech professionals in the Gulf region are already utilizing AI as a communication assistant.
However, the survey by the global recruitment and HR services provider also revealed that only 24% of technology professionals in the GCC have received training or support to adopt AI technologies in their work. This training figure is higher than in all European countries except The Netherlands, where 27% have received AI training.
Source: khaleejtimes.com
China's Protected Market Is Nurturing AI Providers That Could Soon Transform Europe's Work and Data Practices
China's protected market is fostering the growth of AI providers whose highly competitive applications are likely to reach Europe in the near future. These technologies could revolutionize how we work and who has access to our data.
Source: table.media
China’s AI Video Surge Sends a Global Wake-Up Call, Closing the Gap with the US While Unleashing New Challenges
Chinese tech companies are rapidly developing AI tools to convert text into short videos, showcasing the country's progress in narrowing the technology gap with the US.
The public release of AI video generators allows anyone to create short clips from almost any prompt, presenting both exciting opportunities and potential concerns regarding misuse.
The accessibility of AI video generators raises concerns about the impact on younger generations and the potential for misuse, indicating the need for responsible development and use of this technology.
Source: bloomberg.com
Elon Musk’s Grok-2 AI Model Pushes Technological Boundaries and Sparks Ethical Debate
As AI rapidly advances, Elon Musk's newest creation, Grok-2, is creating a stir in the tech industry. This powerful AI model is not only expanding the limits of what technology can achieve but is also prompting serious discussions about AI ethics and responsibility.
Source: forbes.com
Article Highlights the Need for Culturally Inclusive Global AI Ethics Standards
As organizations adopt AI in the workplace, maintaining high ethical standards is crucial. A new HBR article provides valuable insights into the challenges of implementing AI ethics programs across diverse cultural contexts. It emphasizes the need for a global AI ethics model that takes these differences into account, as many organizations overlook cultural variations, leading to ineffective policies.
The article notes that Western perspectives often dominate global AI ethics standards, resulting in biases that fail to represent diverse populations adequately. To address this, the article proposes three key steps for developing a culturally aware AI ethics policy: 1) establishing global guiding principles, 2) creating regional teams, and 3) encouraging ongoing dialogue between global leadership and regional teams to tailor policies to local contexts.
Source: brianheger.com
Sakana AI Team Unveils Autonomous AI Scientist Capable of Conducting Scientific Research
A team of AI researchers from Sakana AI in Japan, collaborating with the University of Oxford and the University of British Columbia, has created an AI system that can independently conduct scientific research. The researchers have shared their findings in a paper on the arXiv preprint server and provided an overview of their system, named "The AI Scientist," on Sakana's corporate website.
Source: techxplore.com
India Lags in AI Research Compared to US and China, Despite Abundant Tech Talent
India ranks 14th in AI research, contributing only 1.4% of global papers to the top 10 AI conferences from 2018 to 2023, according to a study by Change Engine reported by The Economic Times. Despite the country's vast technology talent pool, it falls behind the US and China, which lead with 30.4% and 22.8% of global AI research, respectively. The study highlights that India needs to increase its AI research output by at least 40% annually to achieve a 5% global share within the next five years and build a world-class innovation ecosystem.
Source: thewire.in
Skills Shortages Impeding AI Goals for Firms, Expereo and IDC Research Reveals
Research from Expereo and IDC highlights that skills shortages are obstructing companies' progress toward their artificial intelligence (AI) objectives. According to a survey of CIOs on technology priorities for the coming year, 37% of firms in the UK are facing challenges in retaining AI, automation, and data talent, which is hindering their AI initiatives.
Source: computerweekly.com
Google Awards $1.5 Million Grant to Fulbright University Vietnam for AI Research and Education
Fulbright University Vietnam has been granted $1.5 million by Google to enhance AI research and education in the country. The announcement was made on August 19 by Dr. Scott Fritzen, president of Fulbright University Vietnam, during an AI discussion with Google’s chief scientist Jeff Dean and students at the university. The grant will support the integration of AI across all academic programs, the development of AI-focused majors and minors, and the enhancement of students' skills in AI applications.
Source:vir.com.vn
