Artificial Intelligence is rapidly becoming a vital part of everyday life. From utility apps to assisting with various tasks across industries, AI is becoming the most sought-after technology around the world. It is hardly surprising that AI has already begun taking over some of the crucial tasks done by human professionals.
Teaching, assisting with information, helping users book movie tickets, there’s simply nothing that AI can’t do. And, now it seems that the day we will be sitting across AI for a job interview is not far.
Resume Builder, a popular resource for job seekers, recently published a survey that revealed that as many as 43 per cent of companies plan to implement AI for conducting job interviews by 2024. Out of this nearly 15 per cent will rely solely on AI throughout the hiring process. The survey was done on over 1,000 employees.
According to the survey, two-thirds of the group believe that AI interviews will increase hiring efficiency. As many as 15 per cent said that AI will be used to make decisions on candidates without any human intervention. Besides, over 50 per cent of the participants believe that AI will eventually replace human hiring managers.
However, nearly 32 per cent of the respondents said that their company has no plans to deploy AI for interviews. Their responses included – a preference to have direct interactions with potential candidates, a lack of cost-effectiveness in AI interviews, and the belief that there are far too many unknown outcomes and risks. Also, many respondents in this category expressed their lack of awareness of AI tools for job interviews.
Of the 43 per cent of participants who said their company will use AI for interviews in 2024, nearly 85 per cent said that the AI software will provide recommendations on candidates, but humans will make the final decision.
When asked where AI will be used in the hiring process, 65 per cent said that it will serve as an early screening tool, 14 per cent said that it is the last step in the process, while 17 per cent said that the AI interview is the only step. The participants were also asked how AI will be evaluating the candidates. Eighty-three per cent said that it will evaluate specific job qualifications, the rest said that AI will also assess to ensure that candidates are culturally fit.
From a section of the participants of the survey whose company uses both AI for interviews and applicant tracking software(ATS), 60 per cent said that ATS is more effective than AI interviews. Regarding the efficiency of AI for interviews, 65 per cent said that AI will increase hiring efficiency, 14 per cent said it will decrease hiring efficiency, and 21 per cent feel that it will have no effect on hiring efficiency.
The survey commissioned by ResumeBuilder.com was organised by SurveyMonkey earlier this month. The respondents consist of 2,286 employed Americans aged between 18 and 64. All the respondents were hiring managers with primary responsibilities or those involved in decisions about hiring employees but were not primary decision-makers.