Conversation with Merlin [email protected] · Fri Jan 12 2024

"Exploring the Future of AI in HR Tech"

Generative AI in HR technology industry:

  • Emerging trends in generative AI for job descriptions and interview questions
  • Impact of AI on businesses and concerns around security

Transition to generative AI and large language models:

  • The company transitioned from traditional AI models to generative AI and large language models
  • Marion, the VP of engineering, expresses excitement about the possibilities these models enable

Talent acquisition Suite powering everything from requisition to hire:

  • 17 different steps in the TA process were identified and proof of concepts were built for each step
  • Access to 100,000 customers and delivering best candidates with the greatest efficiency

Generative AI can create job descriptions and parse job requirements.:

  • Large language models can generate job descriptions, parse job requirements, and extract skills.
  • The parsing capability includes reasoning, converting natural language instructions into to-do lists, and working through instructions.

ATS document extraction process:

  • ATS extracts skills against predefined ontology or large language model
  • ATS system has the ability to constrain the output and provides examples for fine-tuning

Semantic relevance and profiling:

  • Semantic relevance and profiling allows identification of skills in CV without specific titles.
  • Large language models help in understanding context and relevance of skills in CV.

Dedicated candidate assessment tool:

  • System helps in writing job description and searching internally for candidates
  • Unique and dynamically generated for every job, built around specific job description

Using agents to evaluate job candidates:

  • A swarm of agents evaluates candidates based on job requirements and CV signals
  • Employ transparency and verification methods to minimize hallucinations

Using AI for skills-based hiring assessment:

  • AI evaluates candidates using different modes and roles
  • Allows for skills-based hiring without direct experience

Automated candidate selection and assessment process:

  • Process involves automated search, scoring, and shortlisting of candidates
  • Contextual assessment of candidates' skills and experiences

Using follow-up questions to assess candidate's suitability:

  • Candidates are assessed based on their ability to commute and work remotely
  • Agents use email to gather additional information and reevaluate candidate's profile

AI automates candidate communication and data input:

  • Candidates are reached out to for missing information and skill verification, improving candidate experience
  • ATS is updated with the additional data and skills, automating the process and saving time

System-generated interview questions and customization:

  • The system can decide who to interview or generate its own questions.
  • The system sets thresholds and priorities based on candidate profiles and job descriptions.

Challenges in using tools in projects:

  • The candidate faced challenges in their devops career
  • The candidate demonstrated knowledge of relevant tools and Technologies

AI interviews are becoming more common in recruiting process:

  • The AI interviews may make some people feel uncomfortable at first, but it is important to take them seriously and prepare for them as with a normal interview.
  • Recruiters have the flexibility to tailor the interview process, from automating certain steps to configuring different aspects based on the role.

Using a system like this can benefit the candidate and recruiter experience.:

  • It can free up time for recruiters to have more conversations.
  • It can automate the initial assessment process and refine scoring.

Improving candidate evaluation process:

  • Regent figured out the timeline and structured accordingly
  • System can evaluate various types of applications, including non-machine readable documents

Recruitment funnel automation:

  • Challenges faced by companies in recruitment process
  • Implications of automation on recruiters

Customizing automation for company needs:

  • Fine-tuning automation levels and learning from outcomes
  • Leveraging large language models for reporting and analytics

Frustration with job application process:

  • Candidates are frustrated by lack of feedback from job applications.
  • Companies are frustrated with resource limitations and inefficiencies in candidate evaluation.