While most people dismiss the metaverse as an overpriced gaming platform for tech enthusiasts, PwC’s latest economic analysis reveals a startling projection: virtual environments, including metaverse-based recruiting, will add $1.5 trillion to the global economy by 2030. Recruitment and HR applications are leading this transformation—not because of flashy avatars or virtual reality gimmicks, but because […]
Cracking the Code: The Hybrid AI-Human Combo that Improves Hiring Success by 53%
A groundbreaking Stanford University study has just shattered one of recruitment’s most persistent myths: that AI removes the “human element” from hiring. The research reveals something remarkable: candidates who went through AI-led initial interviews were 53.12% more likely to succeed in subsequent human interviews compared to those screened using traditional resume-based methods. Read that again. […]
EU AI Act Alert: How Will it Change AI Based Recruiting Efforts Right Now?
The EU AI Act isn’t coming—it’s here. And if you’re using AI in recruitment without a compliance strategy, you’re not just risking fines. You’re risking your entire business. As of August 2024, AI systems used in hiring are officially classified as “high risk” under the EU’s groundbreaking AI regulation. This means every AI tool you […]
The Autonomous Agent Revolution: Why Adecco Can Now Process 300 Million Resumes Annually
When Adecco, one of the world’s largest staffing companies, announced they could now process 300 million resumes annually using Salesforce’s “Agentforce” platform, it wasn’t just a technology milestone—it was a declaration of war on traditional recruitment methods. To put that number in perspective: 300 million resumes is roughly equivalent to every working-age adult in the […]
78% Cost Reduction: How AI is Slashing Recruitment Costs and What you need to Know
AI is crushing recruitment costs across the board. Here are the numbers you need to know and staffing agencies are worried about.
From Resume Broker to AI-Augmented Advisor: The New Recruiter Job Description
You know the one: “Source candidates, review resumes, conduct initial screenings, coordinate interviews, manage client relationships.” It’s the same basic framework that’s existed for decades—find people, match them to jobs, facilitate the process.
Why Skills-Based Hiring is 5X More Predictive Than Degrees (And How AI Makes It Scale)
Here’s a statistic that should fundamentally change how you think about recruitment: McKinsey research shows that skills-based hiring is five times more predictive of job success than education-based hiring. Let that sink in for a moment. The college degree that’s been the cornerstone of hiring decisions for decades? It’s five times less effective at predicting […]
$142B Wake-Up Call: Why 73% of Companies Are Racing to AI Recruitment?
Where are VCs putting their money in AI & HR Recruitment? Here is the $142Billion Answer.
AI Doctor in the House: How to Tailor Your AI Strategy to Fit Your Company’s Goals and Size
How do you know where to start with AI? Read this article to take your first steps intelligently and in the right order. AI doesn’t have to be hard if you plan appropriately.
Agentic AI Report Card: What is Really Working so far?
Time for an AI report card. What is working from the field perspective? Can AI actually deliver on the hype or is it falling behind expectations. Here is what is happening so far with Agentic AI from the business trenches.