Predictive Hiring does it really work?

Before we get into predictive hiring and what you're working towards, I want to start the conversation with something that's a little bit further forward.

And like I said, when I spoke to you the other day, something that I kind of asked the same question to one at the beginning, shall we say, is what do you think the biggest challenge, not necessarily just for talent acquisition managers, but for recruiters in general, what do you think the biggest challenge is that we're going to have to overcome three years from now?

Yeah, look, great question.

So...

I think the biggest challenge within commerce, within business, within the next three years and within society, in my opinion, is going to be job displacement brought about by automation and artificial intelligence.

So our own models tell us that around between 34% to 40% of jobs will go within the next three years.

And job creation brought about by new technologies is looking at between 3% to 5%.

So when you start to factor in the displacement with creation, there is a huge void that we would not have experienced in a lifetime.

So as recruiters, as people within talent acquisition, HR, business and people leaders, we need to understand that.

that we are entering a changing world and the dynamic impacts on the workforce are going to be vast and huge.

And it becomes clear in a few areas.

It's not just about the displacement in figures and numbers.

We're talking about an adaption and almost like an evolution of skills within people's jobs will change as well.

I mean, we've seen it very much in our own profession within talent acquisition.

I wouldn't hire anyone today that doesn't work with or know some kind of artificial intelligence capability to help in their productivity.

Because most people within talent acquisition, they will tell you that they're managing a bigger workload, that they've got bigger deliverables, that they're trying to do more with less.

And the only way that they're able to do that is through efficiencies driven by the use of AI tools.

So I think that's probably going to be some of the biggest challenges ahead of us in the next two, three years.

So that part you're saying there about obviously having more roles to do, more tasks to do with less, it's something that I'm hearing, I'm seeing through conversations on the podcast, through people just in the space.

There's a big... there's this big gap now, I think, between those that are using AI and now those that are still not.

And, you know, or using just chat GPT, for example.

And I think, you know, the conversation that we'll go through with predictive hiring and skill changing.

I mean, we spoke the other day about kind of how different the roles are and how people who are phenomenal flying five years ago are really struggling in this current market.

So I'm curious to kind of blend that together and see kind of what does the future kind of look like and, you know, what predictive hiring can help with that.