Artificial intelligence helps in the selection of cadres



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Artificial intelligence helps in the selection of cadres

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The software optimizes the process without completely removing the human factor. Numerous companies are already developing AI staff selection software.  Remote work becomes increasingly widespread, and at the same time, distance-based job interviews are becoming more common in the choice of staff.

Communication through technological means also has shortcomings that are lacking in classical communication. For example, it is not possible to evaluate a candidate so well on the basis of his behavior, which is a precondition for errors in the employment process.

Numerous software companies are already working to address this issue. One of them is HireVue, which raised $ 93 million in capital, and the answer to the problem is the HI Intelligence platform.

Another company, AllyO, which has $ 19 million in funds, is trying to make the application process more effective by investigating the process itself and the most common issues that companies face. Other companies are also seeking solutions to these problems by using machine learning and algorithms in different aspects of the process.

One of them is a VCV starter. Though it has more than just $ 1.7 million, the company is working on a rather ambitious product – artificial intelligence that uses face and voice recognition for filtering and recruiting candidates.

Several major players invest in the project: The Japanese VC Group will be Talent Equity Ventures, 500 startups as well as individuals like Masahira Takeshima from Indeed. According to VCV, their product can completely remove the human factor from the recruitment process by pre-capturing candidates, automated video calls, and adding automatic voice recognition and video footage for later research.

In return, candidates will have to prepare well for the interview because they will not know what issues they expect. It is here that artificial intelligence, which aims to identify candidates, measures their level of nervousness, moods and patterns of behavior. The results of these measurements should help companies choose the most suitable candidate.

According to VCV, its product will not eradicate the search, recruitment and employment segment, but it will optimize the whole process by increasing the number of potential candidates that companies will be able to reach.

Starter believes AI approach will help, saving over 20 hours a week, because artificial intelligence will work 24/7, search, communicate and interview potential candidates. VCV customers are already PWC, L Oreal, Danone, Mars, Schlumberger and Citibank. Author: Georgi Katsarov, Software University

Artificial intelligence helps in the selection of cadres



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