LinkedIn has released new generative AI-powered features to assist premium users in their job hunt. These tools assess users' suitability for listed job openings and offer advice on optimizing their profiles. Indicated by a sparkle emoji, the AI features provide brief bullet-point answers in a chat window, addressing queries about job fit, company culture, and industry specifics.
Built on OpenAI’s LLM, the features will streamline the job search process, addressing the challenges faced by applicants in understanding company preferences and improving their chances.
The platform's AI chatbot helps users navigate the complexity of job postings, providing insights into company benefits, interview processes, and even suggesting LinkedIn profiles for networking purposes.
The tech industry's low unemployment rate of 2.3% further intensifies the job market competition. Despite a favorable market for job seekers, the recruitment process has become more extended, lasting an average of 43 days in the U.S. LinkedIn's AI features aim to alleviate the burnout experienced by job seekers, offering shortcuts for skill matching and personalized career advice.
While the new tools can be beneficial, they also pose challenges, potentially flooding companies with applicants and increasing the workload for recruiters. The AI-driven features mark a significant step in addressing the evolving landscape of job hunting and hiring processes, providing users with a more efficient and informed experience on the LinkedIn platform.
According to Rohan Rajiv, Director of Product Management at LinkedIn, the process of finding a job is like having to climb over a high wall where the applicant is on one side, unable to see what a company wants to see in a job candidate or what the likelihood of getting an offer. “You’re really hoping that you can reach out to the other side of the wall and figure out: What are my chances here? What is it like to work there?,” said Rajiv.