Arc, a platform designed to help remote-working software developers find work, has launched an artificial intelligence tool called HireAI to streamline hiring. HireAI uses OpenAI’s GPT-4 to automate processes like reviewing resumes and reaching out to large groups of people to discover the best candidates from the 250,000 engineers on Arc.
To use HireAI, businesses only need to upload a job description. Then it gives the company a curated list of potential candidates, honing in on their preferences.
When looking at worldwide remote candidates, the “noise-to-signal rate” is notably high, according to TechCrunch and Arc founder and CEO Weiting Liu, who also founded Codementor, a remote learning platform for software professionals. “Since Arc’s launch in 2019, we have seen countless hiring managers and recruiters being frustrated with the amount of time it takes to sift through hundreds of resumes and manual outreach to find the right candidates,” he said.
Companies using Arc had to fill out a lengthy job form to submit their criteria before they could use HireAI. Arc’s machine learning system then identified the best candidates, or the posts were filled by people who had applied independently. Recruiters on the platform would also hand-select potential hires for customers to peruse. Employers can use HireAI (in conjunction with human screening) to streamline the onboarding process. The platform works by having “conversations” with an AI recruiter to generate job descriptions and quick matches.
AI-powered platforms, such as HireAI, allow recruiters like Liu more time to focus on the strategic aspects of hiring by streamlining or automating routine processes like posting jobs, screening applicants, and making initial contact. Meeting potential employees face-to-face, getting to know them, and selling them roles while keeping their professional aspirations in mind are all essential for the hiring process. In addition, recruiters using AI-powered systems like HireAI don’t know a candidate’s age, ethnicity, or gender until they receive the best matches, which, according to Liu, can help promote diversity, equality, and inclusion in the workplace.
“It is important to note that while AI tools can handle many responsibilities traditionally assigned to recruiters, they are not intended to replace human recruiters entirely,” Liu emphasized. Just recently, Liu announced the internal launch of HireAI on Arc, and early data indicates that firms are twice as willing to interview developers connected with them through HireAI.