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There’s been a lot within the information currently about the opportunity of AI taking jobs carried out by people, and it seems just like the US’ largest financial institution is eager to leap on the AI bandwagon.
JP Morgan Chase desires to patent a way to make use of machine studying to recruit candidates for vacancies, basically taking the place of a recruitment workforce or exterior recruiters to seek out future expertise.
- The tech will use “worker public knowledge,” akin to inside and exterior networks, to hunt for candidates.
- It’ll generate a “confidence rating” based mostly on whether or not the candidate looks as if a superb match for the job, how straightforward or troublesome they might be to recruit, and so forth.
- The system will ship a “focused recruitment communication” to the candidate and monitor their software and the outcomes.
- As a result of this can be a machine studying algorithm, it would additionally hold observe of how nicely it did its job, studying and enhancing from its previous experiences.
- The financial institution believes it would remove points the place exterior recruiters, akin to businesses, don’t perceive firm tradition when discovering expertise.
- It might additionally assist remove any unconscious biases current in human recruitment professionals, serving to firms to recruit a extra numerous workforce.
The other may additionally apply although, because the tech may probably develop its personal biases, resulting in a workforce missing in range. And may recruitment and HR, jobs which are based mostly completely round individuals connecting with one another, actually be carried out by AI?