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
AUSTRALIA PROPOSES LEGAL MINIMUM AGE FOR CHILDREN ACCESSING SOCIAL MEDIA
The Australian government this week promised to legislate this year to enforce a minimum age for children to access social media, but it has yet to announce how ages will be verified.
SWEDEN JOINS COUNTRIES SEEKING TO END SCREEN TIME FOR CHILDREN UNDER 2
Sweden says children under the age of 2 should not be exposed to any digital screens.
EU'S TOP COURT DISMISSES APPLE'S FINAL APPEAL AGAINST ORDER TO PAY IRELAND 13B EUROS IN BACK TAXES
Apple this week lost its last bid to avoid paying 13 billion euros ($14.34 billion) in back taxes to Ireland, in a finale to a dispute with the European Union that centered on sweetheart deals that Dublin was offering to attract multinational businesses with minimal taxes across the 27-nation bloc. The final decision by the EU’s top court was quickly hailed as a landmark victory over corporate greed.
GOOGLE AND APPLE LOSE THEIR COURT FIGHTS AGAINST THE EU AND OWE BILLIONS IN FINES AND TAXES
Google lost its last bid to overturn a European Union antitrust penalty, after the bloc's top court ruled against it Tuesday in a case that came with a whopping fine and helped jumpstart an era of intensifying scrutiny for Big Tech companies.
US POSTAL SERVICE SQUEEZE ON SHIPPING CONSOLIDATORS COULD RAISE CONSUMER COSTS
The U.S. Postal Service said this week that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps, in a move meant to help the Postal Service slow losses but that could see the higher costs passed on to consumers.
TELEGRAM CEO DEFENDS HIMSELF AGAINST FRENCH CHARGES IN FIRST PUBLIC COMMENTS
Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform's use for criminal activity.
JAMES EARL JONES' DARTH VADER VOICE LIVES ON THROUGH AI.VOICE ACTORS SEE PROMISE AND PERIL IN THAT
Over the course of an acting career that spanned more than six decades, James Earl Jones' voice became an indelible piece of his work as a performer.
GOOGLE FACES A NEW ANTITRUST TRIAL AFTER RULING DECLARING SEARCH ENGINE A MONOPOLY
One month after a judge declared Google's search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology.
A CAPSULE HAS BEEN PROPELLED THROUGH A HYPERLOOP TEST TUBE IN A STEP FORWARD FOR THE TRANSIT SYSTEM
Hyperloop, a new form of mass transit involving capsules whizzing on magnetic fields through depressurized tubes, has achieved significant liftoff in the northern Netherlands, a company developing the technology said Monday.
BATTERY-POWERED DEVICES ARE OVERHEATING MORE OFTEN ON PLANES AND RAISING ALARM
Devices powered by lithium-ion batteries are overheating more often during airline flights and passengers often put them in checked bags that go into the cargo hold, where a fire might not be detected as quickly.
