A new report finds that the UK has been growing its AI job market faster than the US over the last five years.
In the era of artificial intelligence (AI) and machine learning, the use of AI in the hiring process is becoming more prevalent. Companies are utilizing AI tools to streamline and automate the recruitment process, with the aim of reducing bias in hiring and making more effective hiring decisions. The use of artificial intelligence in hiring has garnered attention due to its potential to reduce human bias and discrimination in the hiring process. Many hiring managers and human resource professionals see AI as a means to safely connect job seekers with employers using AI technology.
As of 2022, AI is being used in the hiring process by an increasing number of employers, with projections indicating that by 2024, the use of AI in hiring will continue to grow. AI hiring tools are not only expected to help streamline the recruitment process but also to improve the outcome of AI in hiring decisions. However, concerns regarding bias and potential discrimination in the use of AI in hiring persist, leading to ongoing discussions about the ethical implications of AI being used in the hiring process.
Despite these concerns, the UK is outpacing the US in AI hiring. Employers in the UK are more actively adopting AI to help with their hiring needs compared to their counterparts in the US. This trend reflects the increasing reliance on AI technology to support and enhance the recruitment and hiring processes in the UK job market.