“What do you want to do for work?”
It’s a query that’s liable to ship shivers down the spines of most skilled adults, not to mention college students who’ve but to enter the workforce.
Unfortunately, when a recession hits, just like the one in 2008 and the one attributable to COVID-19 in 2020, the query shifts from “what do you want to do?” to “what can you do?” This change makes a tough query even more durable to reply.
The excellent news is that job-search associated applied sciences have improved considerably over the previous couple of years. You not have to rely so closely in your expertise and community to discover a job. For a number of years, eightfold.ai has been devoted to enabling the best profession for everybody on the planet and makes use of synthetic intelligence to energy its Talent Intelligence Platform. In April 2020, Eightfold.ai launched the Talent Exchange as a result of it was clear that solely AI might match job seekers to at the moment open roles at scale.
Today, the Talent Exchange has greater than 750,000 open roles throughout North America, and is publicly accessible to anybody who’s searching for employment. But since many individuals are unfamiliar with the best way AI works, there are doubtless questions on the way it improves the job search course of. Here are 3 ways AI can profit job seekers such as you.
Expand Your Expectations of What’s Possible
The conventional method to discovering work is damaged as a result of it is dependent upon candidates looking by way of job websites or their community connections utilizing set standards. But how are you aware essentially the most optimum standards to make use of? It’s a recreation of trial and error that nobody likes taking part in.
The concern with search is summed up very nicely within the guide AIQ: “search is narrow and circumscribed; you have to know what to search for, and you’re limited by your own knowledge and experience.” The different to a search engine is a suggestion engine that’s powered by Artificial Intelligence as a result of it will possibly analyze large knowledge units and establish relationships. The authors of AIQ clarify that “suggestions are rich and open ended; they draw on the accumulated knowledge and experience of billions of other people.”
The shift from slender search to open-ended strategies means that you could be obtain suggestions for jobs that you just by no means would have thought-about or thought attainable. The motive AI options, like eightfold.ai’s Talent Exchange, are in a position to make such connections is as a result of the AI has discovered from the profiles of billions of different individuals and calculated the “conditional probability” that completely different abilities or titles relate to one another.
Takeaway: Don’t be shocked if the Talent Exchange makes suggestions for jobs that you’d by no means have thought-about. That’s the facility of AI!
Gain Transparency Into Why You Are a Good Fit, and Apply With Purpose
Job descriptions are lengthy and complicated. We have all spent manner an excessive amount of time trying to find open roles by title or location or seniority and making an attempt to determine which jobs are related sufficient to use to. Some jobs have 10+ necessities. You may suppose to your self, “well, I meet only eight of these requirements … Am I still a good fit? And did prior people in this role actually have all of these skills?”
AI can reply each questions in a clear manner.
The Talent Exchange supplies you with visibility into why you’re a sturdy or good match to be able to perceive the alignment with out having to undergo in depth guesswork. That manner you may apply for open roles with improved confidence and understanding.
When reviewing the favored abilities of earlier hires, you may notice that you just forgot so as to add to your profile a few of your abilities that are related to the place. Since the platform lets you make modifications to your profile on an ongoing foundation, you might simply make the replace.
Takeaway: If you create a profile that’s consultant of your abilities and experiences, the AI will have the ability to perceive your potential and supply clear illustration of why you’re a match for various roles.
Improve Response Times From Hiring Companies
Traditional job boards can really feel like a black gap. It’s frequent to listen to individuals say that they utilized to dozens of jobs, even ones that appeared like a stretch, as a result of they didn’t know which firms they might hear from. Unfortunately, the act of making use of to extra positions perpetuates the cycle as a result of it means recruiters must overview extra purposes and have a harder time attending to related candidates.
Fortunately, hiring firms are more and more turning to AI for his or her talent-acquisition wants. In the identical manner that AI supplies transparency to the candidate, it will possibly present recruiters with useful perception in not less than two methods. First, recruiters can establish the candidates with aligned abilities and experiences with out having to wade by way of dense resumes. Second, firms could elect to anonymize the names of candidates in order to attenuate the potential of name-related bias.
Takeaway: Hiring firms that leverage AI have been proven to have sooner response occasions, and they can constantly consider candidates based mostly on their abilities, potential, and relevancy for the function.
To register for the Talent Exchange or replace your profile, please click here.