A recent estimation put 40% of the world’s jobs at risk of automation over the next 15 years. That’s a major shift, but it’s nothing new — throughout history, advances in technology have replaced human jobs time and again. Between 1947 and 2014, for example, the number of U.S. workers employed by the railroad industry dropped by 86% as a result of new technology...
Artificial Intelligence Articles
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Last year, job attrition in the U.S. reached its highest rate on record — and things haven’t really improved since then. With the cost of replacing an employee sitting anywhere between 30 and 400% of that person’s annual salary, there’s obviously a strong financial case for investing in retention — not to mention the benefits of preserving institutional...
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Many companies already use Artificial Intelligence (AI) tools to make their hiring process quicker, more accurate, and, crucially, fairer. In fact, 43% of recruiters and hiring managers say a key benefit of AI is its potential to remove human bias. But this AI revolution has been far from perfect — and in some cases, has actually made things worse. Algorithms...
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It’s estimated that, globally, as many as 375 million people may need to switch occupational categories and learn new skills by 2030....
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At a webcast last week I asked the recruiters who the primary decision maker is when it comes to the yes/no hiring decision. Selecting...
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Recently, there’s been a lot of talk around AI and recruiting—will it take over recruiters jobs? Will the way we recruit and hire...