Our research shows that 63% of companies are investing or planning to invest in AI solutions in 2022 (up from 42% in 2020). AI has changed the way work gets done, and the labor shortage, recruiter turnover, and remote work have further accelerated the demand for AI in talent acquisition.
The talent acquisition benefits of AI extend beyond just efficiency and process improvements. When used correctly, AI impacts quality of hire, diversity, equity, and inclusion (DEI) efforts, and overall candidate and recruiter experiences. AI can also bring humanity to talent acquisition and offer a support system for companies looking for smarter ways to attract, recruit, and hire talent.
But, AI is still misunderstood and TA buyers are unclear about how to navigate the changing landscape. Based on data collected in early 2022, this report will explore the following:
- The current state of AI in talent acquisition
- The challenges and misconceptions with AI in TA
- Insights on the impact of AI and importance of ethics
- Recommendations for companies at any stage of their AI journey