The professional networking platform last month rolled out new AI features to help users search for jobs, tailor their resumes and create personalized cover letters from scratch.
Consumer-facing brands have shown more interest in LinkedIn, according to a May report by Emarketer, The market research firm credited the increased attention to new advertising formats and changes in user behavior on the Microsoftowned platform.
LinkedIn Chief Product Officer Tomer Cohen recently spoke about generative AI, the job market, brand marketing and TikTok creators. The conversation has been edited for length and clarity.
THE JOB MARKET HAS BEEN STRONG EVEN THOUGH THERE ARE OTHER ECONOMIC CHALLENGES, SUCH AS HIGH INTEREST RATES. WHAT ARE YOU SEEING ON THE PLATFORM IN TERMS OF HIRING AND RECRUITMENT?
We’re seeing a very competitive job market and a lot more applications coming from people yearover-year. It differs slightly between industries. But you see the demand for talent right now with AI. We’re seeing an increase in people looking at AIspecific roles, and companies investing in it.
At the same time, we’re seeing about 50% of people wanting to change roles this year. So the inclination to look for new roles is still there and still strong.
IS IT MOSTLY TECH COMPANIES LOOKING FOR EMPLOYEES WITH AI SKILLS, OR IS IT OTHER SECTORS AS WELL?
We’re seeing it across multiple industries, everything from tech to finance and fashion. As a whole, AI presents a profound shift in how we work and bring things to market.
But we’re also seeing a gap right now in AI proficiency. When we talk to leaders, 80% of them – across industries – say they know it’s really important for them to adopt AI in their companies. But most of them don’t know how to do it. They lack the confidence, and the skill set, to actually bring it to the fold.
Bu hikaye Techlife News dergisinin August 03, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Techlife News dergisinin August 03, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
TECH TIP: START THE NEW YEAR WITH A CLEAN INBOX
The new year is always a good time to make a fresh start — including with your email inbox. To kick off 2025 with a clean slate, why not clear out all those unnecessary and unwanted messages?
AGING WELL MEANS HAVING GOOD BALANCE.HERE'S HOW TO PRIORITIZE IT
Taking a shower. Grocery shopping. Moving around the kitchen. Getting dressed. The underappreciated link between these mundane activities is good balance, which geriatricians say is key to maintaining an independent lifestyle as we age.
PRIME VIDEO'S USE OF AI, NEXT GEN STATS ON NFL GAMES IS HELPING VIEWERS UNDERSTAND THE GAME BETTER
The Los Angeles Rams defense appeared to be content to drop back in coverage and prevent San Francisco's Brock Purdy from completing a Hail Mary on the final play of their Thursday night game on Dec. 12.
GOOGLE FACES MORE SCRUTINY AS UK WATCHDOG FLEXES NEW DIGITAL COMPETITION POWERS
Britain's competition watchdog flexed new digital market powers for the first time with an investigation into Google's search and search ad businesses.
BOEING'S AIRCRAFT DELIVERIES AND ORDERS IN 2024 REFLECT THE COMPANY'S ROUGH YEAR
Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a factory workers' strike, according to data released this week.
TAIWAN IPHONE MAKER FOXCONN SETS ITS SIGHTS ON THE EVER MORE CROWDED EV MARKET
Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan's Nissan and Honda to announce plans to join forces against a flood of ambitious competitors.
CAN AI HELP HUMANS UNDERSTAND ANIMALS AND RECONNECT WITH NATURE? A NONPROFIT RESEARCH LAB THINKS SO
Peeps trickle out of a soundproof chamber as its door opens. Female zebra finches are chattering away inside the microphone-lined box. The laboratory room sounds like a chorus of squeaky toys.
AMAZON IS ENDING ITS 'TRY BEFORE YOU BUY' OPTION FOR PRIME MEMBERS
Amazon is saying goodbye to “Try Before You Buy.”
TAIWANESE CHIPMAKER TSMC POSTS 57% SURGE IN PROFIT THANKS TO THE AI BOOM
Taiwan computer chip maker TSMC reported Thursday that its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.
HERE'S WHAT YOU NEED TO KNOW ABOUT CREDIT CARD DEFAULTS
Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. U.S. credit card defaults jumped to a record $46 billion from January through September 2024, according to the Financial Times, citing data analyzed by BankRegData.