The world indeed is really grown on a fast pace. All thanks to the technological revolution we are experiencing today. There has been speculations from different quarters that very soon robot are going to replace humans in so many sectors and many people will stand the risk of losing their jobs to machines.
This post by Alastair Dryburgh posted on forbes.com has made me believe that machines are not just goin to take over the jobs done by humans , but will also be responsible in hiring those who will be fortunate enough to be given the opportunity to work. The algorithm is to analyze a candidates resume and predict their performance...read on
Would You Prefer To Be Hired By An Algorithm, Or A Human?
The answer is, it depends. But the question will matter more and more, so it’s worth some thought.
The question was prompted by a recent conversation with a company which has developed a system to analyse a candidate’s resume and predict whether they would do well in a job. Their key selling point is that the algorithm only needs to look at the resume; it doesn’t need any other information. Apparently, it works.
My first thought was “ick”. The idea of being evaluated by a machine doesn’t appeal. Then I thought of some of the brain-dead people who have interviewed me for jobs over the years, and realised that a machine could certainly have done a better job.
More seriously, though, developments like this will have a big impact on the job market. In fact, they will probably divide “the job market” into different markets, and it’s worth taking some time to consider which market you want to compete in.
One market is what you could call the standard market. This is based on fitting people precisely into precisely specified jobs. This is going to get more and more algorithmic. Low level jobs involving modest levels of skill are probably already filled in this way, but the approach will work its way up the value chain.
If you are the sort of person who fits a standard profile, you will probably find job-hunting easier. Algorithms will gently guide you to areas where success is highly likely, and away from areas where it is not. This isn’t necessarily a bad thing; getting into the wrong job through brilliant interview technique doesn’t usually end well.
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