#19 - Back to it!
Hello H.A.I.R aficionados
I know it's been a while since the last edition. I took some well-needed time off the reset and recharge, after what has been a pretty hard 12-months in the recruitment industry.
But now I am back and rocking the H.A.I.R yet again.
So, with three weeks off comes the added challenge of playing catch up with the world of AI. 3-weeks in human time is akin to about 6-months in AI time. So much happens, at pace, continuously.
However, true to the reason why I started this newsletter, I'm not here to muddle your brains with details on the latest AI-models etc. as you can get that from other people. I want to keep this really focused in on how AI is and will be affecting the world of HR and Recruitment.
So, without further ado, let's get on with it:
Firstly, I'm pleased to announce that Bot Jobs is a finalist in next week's DJAx Awards for the Outstanding Impact in a Niche Market – Start Up Job Board Category.
The awards are held on May 16th in London.
For those that don't know, aside from running my HR and Recruitment focused AI Automation Agency, I also run a job board for Conversational AI roles, which I founded 3.5 years ago. I've been running it single-handedly for all this time and am proud that it has built such a solid reputation within the Conversational AI industry, which has now been recognised within the Job Board industry as well.
So, please do wish me luck in next week's awards.
Microsoft's AI + HI Project | Human-Centric AI practices
Last week, I watched this fascinating chat about how AI is changing the workplace with Microsoft's CHRO Kathleen Hogan and Jared Spataro, Corporate Vice President, Modern Work & Business Applications.
In this video, we hear how Artificial Intelligence is transforming the workplace at Microsoft. Kathleen Hogan emphasises collaboration between HR and IT for a smooth transition, highlighting AI as a tool to empower employees, not replace them. Jared Spataro dives into AI's potential to boost productivity and talks about Microsoft's co-pilot, and how it is streamlining employee tasks. Importantly, ethical considerations of AI implementation and employee transparency are also addressed. Overall, they paint a positive picture of a future where humans and AI can achieve great things together.
There are some really interesting statistics demonstrated in this video:
Here's my key takeaways:
What we can learn from this conversation is that the future of work demands an HR leader who is not only comfortable with AI, but actively involved in shaping its implementation. Partnering with IT and product groups is essential to ensure AI adoption goes beyond HR and benefits the entire company. While some employee anxiety around AI is natural, strong leadership can navigate these concerns and focus on developing the workforce for a future where humans and intelligent machines work together. The coming years will see a rise in personal AI assistants, followed by process automation within HR and eventually, the emergence of sophisticated company-wide AI tools. Embracing AI presents a significant opportunity for HR leaders to streamline operations, empower employees, and ultimately, deliver greater value to their companies.
Gen AI talent: Your next flight risk
I then came across this fascinating article/podcast from McKinsey, which highlights that employees who are proficient in Gen AI are more likely to be productive and efficient, but this also makes them more sought after by other companies.
McKinsey talent leaders Aaron De Smet and Brooke Weddle talk to global editorial director Lucia Rahilly about what these workers want most, as well as practical steps leaders can take now to keep them happy and engaged.
To support and retain employees proficient in generative AI (Gen AI), HR leaders need to focus on several strategic actions:
Events
Are you an in-house recruiter based in the North West?
Then join me on the 16th of May at Victoria Warehouse in Manchester, where I'll be hosting the Innovation Showcase Stage. We'll be hearing from 6 innovative startups who will be competing for bronze, silver and gold awards.
Recommended by LinkedIn
You'll also hear first-hand from talent acquisition experts from Adidas, Co-op, DHL and many more, as well as the headline speaker, Olympian and World Champion, Mark Foster.
Plus, workshops, networking sessions and panels in store!
Get your free ticket to #MCRLive24 👉 https://lnkd.in/gMtG3tN7
One of the biggest topics & buzzwords in #TA today: AI.
Come see what all the buzz is about and join me, iCIMS AI expert and VP of product strategy, Andreea Wade and co-founder of Equitas, Michael Blakley as we explore the future of hiring with responsible Al.
We’ll cover:
🤖Ethical practices to follow while implementing AI.
🤖The transformative impact AI will have on recruitment.
🤖 How to address bias in AI.
🤖and more!
Save you seat for May 29: https://okt.to/TzPRu0
Regulation Updates
The Organisation for Economic Co-operation and Development adopted new revisions to its Principles on Artificial Intelligence. The updated principles account for the challenges Generative AI poses in privacy, intellectual property rights, safety and information integrity.
Germany's Conference of the Independent Data Protection Authorities issued guidance stating that generative AI will create multiple data privacy issues under the EU General Data Protection Regulation, Bloomberg Law reports. The DSK's advisory reminded entities using AI to establish intended use and a legal basis for processing training data while enabling data deletion and correction rights.
Italy's data protection authority, the Garante, allowed OpenAI to reactivate ChatGPT in the country after meeting several conditions related to personal data processing under the EU General Data Protection Regulation, Reuters reports. OpenAI committed to providing "greater visibility of its privacy policy and user content opt-out form," while also providing a new opt-out form for EU citizens to decline ChatGPT using their personal data to train its model.
Microsoft released its first report detailing the company's responsible AI practices. "This report enables us to share our maturing practices, reflect on what we have learned, chart our goals, hold ourselves accountable, and earn the public’s trust," Vice Chair and President Brad Smith and Chief Responsible AI Officer Natasha Crampton wrote.
Microsoft published a white paper titled "GDPR and Generative AI – A Guide for the Public Sector." The paper is intended to inform public sector entities how to best utilise Microsoft's generative AI tools, while remaining compliant with the EU General Data Protection Regulation.
Speaking at the Massachusetts Institute of Technology, OpenAI CEO Sam Altman said AI could eventually become personalised and make a "full recording of your life," Forbes reports. He said the privacy risks of advanced AI could pose "higher stakes" with "higher trade-offs."
I'm Martyn Redstone - founder of PPLBOTS, Recruitment and HR AI Automation Agency, and founder of Bot Jobs, the leading job board for Conversational AI roles globally.
I'm always here to chat about all things HR, AI, and the future of recruitment. If you have questions, insights to share, or just want to connect, drop me a line. Let's continue this conversation!
Martyn
Co-founder at Equitas | Interview intelligence software to ensure fair hiring
6moCannot wait for the webinar sir and cheers for fitting it into your HAIR.....
Global TA Lead at Ericsson | Get Hired Toolkit - Free Articles & Videos for Job Seekers | TA Tech Podcast Host
6moIs it me, or are there more regulation updates than usual? Are you seeing that Martyn?