TA Tech Business NewZ
By peterweddle
March 03, 2024
Curated Intel from the Talent Tech Industry
February 6-March 3, 2024:
• Stealing others’ ideas: Copyleaks reports 60% of OpenAI model's responses contain plagiarism;
• Ratcheting up the competition: Eploy intros AdStore job board marketplace powered by VONQ;
• Upgrading university career services: CareerOS closes $1.2MM pre-seed funding round;
• Making music together: Workday plans to acquire talent orchestration solution HiredScore;
• Fueling the job market: WAPO reports that immigrants account for 50% of workforce growth.
PLUS
Get worldclass content and business-building connections at TAtech North America & The World Job Board Forum. Avoid FOMO, register right now for the only conference in the North American market that is specifically designed both for job board and talent technology company CEOs, their direct reports and rising stars and to accelerate the bottom-line growth of their enterprises. Why the rush? Because the conference will be held June 4-6, 2024 at The International Spy Museum which has a limited seating capacity. So, register today and accelerate the success your company achieves, today, tomorrow and into the future!
New report: 60% of OpenAI model's responses contain plagiarism
A new report from plagiarism detector Copyleaks found that 60% of OpenAI's GPT-3.5 outputs contained some form of plagiarism. Why it matters: Content creators from authors and songwriters to The New York Times are arguing in court that generative AI trained on copyrighted material ends up spitting out exact copies. Copyleaks is an AI-based text analysis company that began selling plagiarism-detection tools to businesses and schools long before ChatGPT's arrival. GPT-3.5 was the model powering ChatGPT when it debuted, but OpenAI has moved on to the bigger and more capable GPT-4.0. The individual GPT-3.5 output with the highest similarity score was in computer science (100%), followed by physics (92%), and psychology (88%). The lowest similarity scores appeared in theater (0.9%), humanities (2.8%) and English language (5.4%). Yes, but: "Our models were designed and trained to learn concepts in order to help them solve new problems," OpenAI spokesperson Lindsey Held wrote in a statement to Axios. "We have measures in place to limit inadvertent memorization, and our terms of use prohibit the intentional use of our models to regurgitate content."
Eploy Launches AdStore Job Board Marketplace Powered by VONQ
Eploy, the pioneer of web-based Talent Acquisition software solutions in the UK, continues to lead the industry with the launch of AdStore, its Job Board Marketplace. This seamless, integrated, and innovative feature, powered by VONQ, will redefine how Eploy’s client base of major brands connects with top talent globally. Built on over 25 years of experience delivering world-class recruitment solutions, Eploy’s AdStore is designed to deliver a superior user experience. It provides instant access to an extensive network of global job boards directly within the Eploy platform, streamlining the recruitment process for companies looking to become industry leaders. The AdStore Marketplace is designed as a unique e-commerce platform where users can effortlessly browse, select, and purchase job listings from multiple media channels. These include top job search sites, specialized niche and industry-specific boards, extensive social media platforms, and sophisticated programmatic channels to meet the diverse needs of recruiters.
CareerOS Closes $1.2MM Pre-Seed Round
In a landmark move set to redefine the landscape of university career services, CareerOS announces the successful closure of an exhilarating $1,2 million pre-seed round. CareerOS, founded by Marcus Castro, Maximilian Stengel, Oleksii Reshetnik, and Dan Neciu, is disrupting university career services with innovative technology. The platform provides a unique step-by-step "career playbook" that guides students to effectively build relationships with hiring managers, while universities gain real-time insights on student networking activities, empowering the university with the data they need to support student outcomes. CareerOS strategically brought in a team of distinguished investors and advisors to drive its mission in transforming university career services. The lineup includes academic powerhouses Dr. Jan Brinckmann, Dietmar Grichnik, and Luis Vives* whose deep roots in higher education are invaluable for aligning CareerOS' technology with university ecosystems. They're joined by CareerOS Advisor, Steve Dalton, a noted author and career expert, who adds a layer of practical insight into job search efficiency and effectiveness.
Workday Announces Intent to Acquire HiredScore
Workday, Inc. (NASDAQ:WDAY), a leading provider of solutions to help organizations manage their people and money, has entered into a definitive agreement to acquire HiredScore, a leading provider of AI-powered talent orchestration solutions, which enable companies to use data-driven insights to improve recruiting and talent mobility processes. The combination of Workday Talent Management, Workday Skills Cloud, and HiredScore's Talent Orchestration solutions, will provide customers with a comprehensive, transparent, and intelligent talent acquisition and internal mobility offering, helping them better address their ever-evolving people needs. "People are at the heart of every organization, and investing in new and innovative ways to unlock the potential of talent is more important than ever," said Carl Eschenbach, CEO, Workday. "HiredScore is the perfect complement to our product portfolio as we look to provide AI solutions that deliver real business value for our customers. The combination of our AI technologies that keep humans at the center, along with a deep understanding of the workforce landscape, will help organizations thrive and move forever forward." "We've only just begun to see the opportunities of what is possible with responsible AI in the workforce, and how organizations can use it more efficiently and effectively to deliver on HR transformation goals related to recruiting and employee experiences," said Athena Karp, founder and CEO, HiredScore. "By combining our efforts and innovations with Workday, we'll be able to deliver even more value to companies around the world as they look to build their future HR function."
The economy is roaring. Immigration is a key reason
Immigration has propelled the U.S. job market further than just about anyone expected, helping cement the country’s economic rebound from the pandemic as the most robust in the world. That momentum picked up aggressively over the past year. About 50 percent of the labor market’s extraordinary recent growth came from foreign-born workers between January 2023 and January 2024, according to an Economic Policy Institute analysis of federal data. And even before that, by the middle of 2022, the foreign-born labor force had grown so fast that it closed the labor force gap created by the pandemic, according to research from the Federal Reserve Bank of San Francisco. Immigrant workers also recovered much faster than native-born workers from the pandemic’s disruptions, and many saw some of the largest wage gains in industries eager to hire. Economists and labor experts say the surge in employment was ultimately key to solving unprecedented gaps in the economy that threatened the country’s ability to recover from prolonged shutdowns.
TAtech North America: Content & Connections You Can Use for Business Success
Get worldclass content and business-building connections at TAtech North America & The World Job Board Forum. Avoid FOMO, register right now for the only conference in the North American market that is specifically designed both for job board and talent technology company CEOs, their direct reports and rising stars and to accelerate the bottom-line growth of their enterprises. Why the rush? Because the conference will be held June 4-6, 2024 at The International Spy Museum which has a limited seating capacity. 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!