Today’s workforce is experiencing rapid change.
As advances in artificial intelligence (AI), automation, mobility, and the nature of work evolve the workplace, talent acquisition and retention — already one of the biggest challenges companies face — will become more important than ever.
Though in its early stages, AI is already able to match jobseekers with jobs, and in the near future, AI assistance will be crucial in helping companies retain employees and in helping individuals grow and meet their career aspirations.
Impact of AI on the hiring process
In my last post, I commented on the prehistoric nature of job descriptions and resumes — how they are difficult to understand, one dimensional, and often infused with human biases.
At Indeed, Natural Language Processing (NLP) is already improving job description categorization by finding and extracting critical criteria in postings and feeding it to higher level AI algorithms in order to identify the most relevant jobs for job seekers.