Curated Intel from the Talent Tech Industry
November 20-26, 2023:
• Making it easier to automate: HrFlow.ai intros self-service access to searching & scoring APIs;
• Introducing the Silicon Valley soap opera: Salesforce CEO woos disgruntled OpenAI staff;
• Using one prompt to find great talent: Talen AI intros AI-based platform for global recruiting;
• Curing workforce ills: Thinktank Autonomy opines AI will help prevent mass unemployment;
• Normalizing instead of nosediving: Talent Board survey shows hiring continues to be stable.
PLUS
Find business partners, get customer insights and snag a real competitive advantage at TAtech Europe & The World Job Board Forum. Don’t miss the premier B2B conference for job boards and talent tech companies in the EMEA region! Coming up in London on December 4-6, it is the only event that’s specifically designed for company CEOs, their direct reports and rising stars and totally focused on advancing the bottom-line growth of their enterprises. So, register today and accelerate the success your company achieves, today, tomorrow and into the future!
HRflow introduces Self-Service Access to Enterprise-Grade APIs
We are thrilled to announce that all our Enterprise-grade APIs, including the much-anticipated Searching and Scoring APIs, are now accessible on Self-service through the HrFlow.ai Portal. This is particularly important for early-stage founders, developers, freelancers, growth hacking recruiters, and companies prototyping, who can now use the full power of our platform without minimum usage requirements or annual commitments. About HRflow: By leveraging AI superpowers and human expertise, we help companies and candidates to meet their full potential and thrive in a high-frequency labor market. Today over +1,000 companies trust HrFlow.ai to automate their HR data processes and make better informed human resources decisions.
Chaos at OpenAI adds fuel to the AI talent poaching war
With most of OpenAI’s employees threatening to leave following Sam Altman’s ousting, company rivals might be missing the biggest opportunity of the year: poaching talent. As chaos at OpenAI and Microsoft, where Altman is headed now, continues, companies like Anthropic, Mozilla or Patronus AI could be attractive to employees seeking stability. The upshot? OpenAI employees — a pool of highly sought-after AI experts — could scatter to other companies or follow Altman. “That talent is the crown jewel of the organization,” Tammy Madsen, professor of management in the Leavey School of Business at Santa Clara University told TechCrunch. “This is a space where there is a wide gap in what companies are seeing that they need in terms of AI talent and applied AI, and in what they’re seeing in terms of what’s available.” Case in point, Salesforce CEO Marc Benioff, who earlier this afternoon posted on X that “Salesforce will match any OpenAI researcher who has tendered their resignation full cash & equity OTE to immediately join our Salesforce Einstein Trusted AI research team under Silvio Savarese. Send me your cv directly to ceo@salesforce.com. Einstein is the most successful enterprise AI Platform completing 1 Trillion predictive & generative transactions this week! Join our Trusted AI Enterprise Revolution.”
Revolutionizing Talent Acquisition: Talen Ai Introduces Groundbreaking AI Platform for Global Recruiting
In a significant leap forward for the recruitment industry, Talen Ai unveils its AI-driven platform, revolutionizing how both Fortune 500 companies and innovative startups source and hire talent. This pioneering technology redefines talent acquisition, offering an unprecedented blend of speed, efficiency, and intuitive operation in staffing processes. At the heart of Talen Ai's success is its synergy of cutting-edge technology and human resource expertise. The platform not only accelerates the recruitment process but also enhances its accuracy, marking a transformative moment in talent acquisition. Talen Ai's philosophy, "One prompt, Discover all the best talents," epitomizes the groundbreaking simplicity and effectiveness of their service. The AI-powered software transcends traditional hiring methods, enabling global connectivity with top-tier candidates. This isn't just about filling vacancies; it's about creating perfect employer-employee matches, fostering a harmonious and productive workplace environment.
AI will enable 4-day work week to help avoid mass unemployment and widespread mental & physical illnesses
Artificial intelligence could enable millions of workers to move to a four-day week by 2033, according to a new study focusing on British and American workforces. The report from the thinktank Autonomy found that projected productivity gains from the introduction of AI could reduce the working week from 40 to 32 hours for 28% of the workforce – 8.8 million people in Britain and 35 million in the US – while maintaining pay and performance. The study says this could be achieved by bringing large language models (LLMs), such as ChatGPT, into workplaces to augment workers’ roles and create more free time. According to Autonomy, such a policy could also help to avoid mass unemployment and reduce widespread mental and physical illnesses.
Talent Board research finds hiring is normalizing not nosediving
According to an upcoming Talent Board research report, nearly all respondents told us they’re relying on reskilling and upskilling to fill in their organizations’ gaps in specialized and hard-to-find skill sets: 37% are doing so to a significant degree, and 27% are doing so to a great degree. That definitely makes sense, since job growth is starting to slow, or more specifically, normalize to pre-pandemic levels, with employers adding 150,000 jobs in October. The unemployment rate also ticked up to 3.9%. Part of the slowdown is due to the impact of the UAW’s strike against all Big Three automakers, with union deals now reached with each of them. And according to labor columnist Jay Denton’s latest ERE article, “The number of people voluntarily quitting their job was at just over 3.6 million in both July and August. Those are the two lowest totals since February 2021.” [So] are we just normalizing instead of nosediving? Maybe. In our latest CandE Community Pulse results for October, the good news is that hiring continues to be stable (at least with those who responded the past 10 months) and again reflects the bigger jobs reports the past few months, even with the slowdown. When we asked employers what their current hiring status was, 76% said “we’re hiring,” up from September, but still consistently stable since January. However, freezing hiring was still up in October, but laying off and redeploying were down. (Additionally, contract and management hires increased in October.)
Snag a Real Competitive Advantage at TAtech Europe & The EMEA Job Board Forum
Find business partners, get customer insights and snag a real competitive advantage at TAtech Europe & The World Job Board Forum. Don’t miss the premier B2B conference for job boards and talent tech companies in the EMEA region! Coming up in London on December 4-6, it is the only event that’s specifically designed for company CEOs, their direct reports and rising stars and totally focused on advancing the bottom-line growth of their enterprises. Whether your company is a niche or general job board, aggregator, talent marketplace, online classifieds business, programmatic platform, chatbot, conversational AI solution, ATS, recruitment marketing solution, CRM platform, interviewing or assessment system or talent technology consultancy, this event will supercharge your sales and your profits. So, register today and accelerate the success your company achieves, today, tomorrow and into the future!