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AI Monthly: How AI Is Challenging Authenticity In Recruitment

Seeking Alpha
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AI Monthly: How AI Is Challenging Authenticity In Recruitment

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ING Economic and Financial Analysis4.95K FollowersFollow5ShareSavePlay(6min)CommentsSummaryTwo-thirds of job seekers now utilise AI to craft applications, while employers adopt algorithms to manage the surge in applications.The real challenge has now become identifying authenticity in a process increasingly driven by machines.The challenge for employers and applicants alike is not whether to use AI, but how to maintain authenticity throughout an increasingly automated process. Jonathan Kitchen/DigitalVision via Getty Images By Julian Geib, Junior Economist, Global Trade Paradigm shift in application procedure Traditionally, job applications involved substantial preparation. Candidates often spend several days conducting in‑depth research on the company, refining their résumés, and crafting cover letters. The prevailing beliefThis article was written byING Economic and Financial Analysis4.95K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.Quick InsightsHow has AI adoption impacted recruiter workflows and efficiency?AI has enabled recruiters to handle surging application volumes, with 92% of firms reporting benefits and over 10% seeing productivity gains up to 80%.What operational advantages does AI offer employers in high-turnover industries?AI-driven matching reduces time-to-hire, increases placements, and leads to higher revenue and better margins for staffing and flex work sectors.What are the key risks and requirements when implementing AI in hiring?Effective AI use demands robust candidate data, cybersecurity, compliance, and ongoing monitoring to ensure fair practices and preserve authenticity in hiring decisions.Recommended For You

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Source: Seeking Alpha