3. Three New Revolutions of AI
AI can collect over 500 data points on candidates, far beyond traditional resumes or interviews according to Sakis. This includes not just qualifications but also behavioural insights, soft skills, and social media activity, creating a detailed digital profile. This “digital twin” evolves over time, improving accuracy in predicting candidate success. AI can then match this profile to a job description, making recruitment decisions more objective and data-driven.
Anastasios says AI can speed up the recruitment process by up to 300% by automating tasks like resume screening and candidate shortlisting. This reduces the time spent on hiring, allowing companies to fill positions faster. AI also cuts costs by 35-40% by eliminating manual tasks and reducing the need for additional HR resources. Moreover, AI allows for scalable recruitment, handling large volumes of applicants without extra costs.
68% of job seekers trust AI more than human recruiters, as AI doesn’t carry the same biases that can affect hiring decisions. By focusing on data rather than personal judgments, AI ensures candidates are evaluated fairly based on qualifications and experience. It can also flag patterns of bias, helping companies adjust their hiring practices and create a more diverse, inclusive workplace.