Companies Seek to Promote Diversity with AI-Powered Recruitment

Recruitment and On-boardingDiversityNews

By HRTech Specialist Last updated May 5, 2023

Artificial intelligence (AI) is changing the way we live and work in unprecedented ways. Recent developments in AI technologies are making it possible for machines to learn and interact with the world. Furthermore, as the technology continues to evolve, it has the potential to transform various aspects of our lives, from healthcare and education to finance and transportation. Currently, AI can perform a wide range of tasks as algorithms can now detect patterns in large datasets, recognize speech and images, and understand natural language. AI systems can also perform complex assignments like playing games, composing music, and generating realistic images and videos. Recent advancements in AI have made it possible for machines to learn from experience and improve their performance over time. This is known as machine learning, and it is a key component of many AI applications today. Machine learning algorithms can be trained on large datasets to recognize patterns and make predictions about future events. This has led to breakthroughs in areas like natural language processing, image recognition, and predictive analytics. Professional Diversity Network,)

The impact of AI on corporations and the economy is already significant and is likely to become even more so in the near future. AI has the potential to streamline operations, increase efficiency, and reduce costs for businesses of all sizes. For example, AI-powered chatbots can handle customer service inquiries 24/7, freeing up human customer service representatives to focus on more complex tasks. AI is also creating new opportunities for innovation and entrepreneurship, as entrepreneurs and startups develop new AI-powered products and services. This is leading to the creation of new jobs and industries, which could help to stimulate economic growth and drive further innovation. In addition, AI also has the potential to be a powerful tool for promoting diversity and inclusion in the workplace. AI can help companies to identify and eliminate bias in their recruitment and hiring processes, which can help to diversify the workforce. For example, AI-powered recruitment tools can analyze job postings and suggest changes to make them more inclusive. AI algorithms can also analyze resumes and identify qualified candidates who might otherwise be overlooked due to biases in the recruitment process.

RemoteMore has been working on an artificial intelligence (AI) solution that improves the matchmaking between companies and developers. Since 2021, RemoteMore has added several new features to its platform, such as a job dashboard that permits employers to request developer profiles according to their very specific requirements, resulting in the employer getting five pre-qualified candidates hand-picked by the RemoteMore Service team. RemoteMore has already released AI features that automate parts of this matchmaking process, resulting in a superior quality service at a lower labor cost.

The RemoteMore AI-powered matchmaking tools will make the company’s offering even more exciting to employers who are seeking to hire qualified developers. Delivering a high-quality matchmaking experience at scale is an important competitive advantage given the confusingly big candidate pool that remote work unlocks for companies. RemoteMore has already pre-screening data for over 24,000 remote developer profiles (such as professional history, remote work fit and technical skills) which is a strong foundation for further automation and AI development.

During the first three quarters of 2022, RemoteMore increased the number of its registered company users from 650 to 1,500, and its pre-screened pool of developers from 6,300 to over 24,000. As the demand for sophisticated software developers grows, and the number of AI-powered tools continues to expand, the need for high quality matchmaking at scale will only increase.

“Integrating an AI-powered tool to ensure that the best fit applicants reach our employer clients is the logical next step,” said Boris Krastev, CEO and Co-founder of RemoteMore.”These tools have grown in popularity in recent months. Our strategy is to be proactive when it comes to the adoption of new technologies that can revolutionize our industry.”

“AI-powered tools are some of the most impressive technological developments in recent years and their popularity is only growing,” said Adam He, CEO of PDN. “The momentum in the AI space has been tremendous and we want to be able to leverage this technology within our diversity recruiting operations as well, thus providing the synergies we had envisioned when first acquiring an interest in RemoteMore.”

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