The news: LinkedIn is shifting its AI tools to focus more on job hunting and recruitment services.
Both products are built on LinkedIn’s proprietary tech and first-party data.
Zooming out: Sweeping layoffs across multiple industries last year, including tech, media, video games, and retail, left a large pool of unemployed workers vying for new roles and increased competition in the job market. LinkedIn product manager Rohan Rajiv said the job search process is not only about “labor market dynamics” but also a lack of transparency, per Engadget.
AI’s weaknesses: While LinkedIn’s AI tools seek to streamline job applications, lackluster job descriptions could complicate Job Match’s efficacy.
Additionally, AI can inadvertently harbor biases and might sift out qualified applicants based on discriminatory factors.
Ad pitch: LinkedIn is also incorporating AI into its ad business with tools to help B2B marketers optimize campaigns and ad targeting.
The big takeaway: The rise of AI in recruitment may accelerate job cuts in human resources, as HR, widely considered a non-revenue function, is often targeted during layoffs. This risks losing the human touch vital to good hiring decisions, with AI recruitment potentially encouraging a “spray and pray” approach that submits multiple applications to see which ones pass the tech’s assessment.
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