Advantage or Challenge? Employers' Stance on the Use of Artificial Intelligence in Job Application Processes
Artificial intelligence (AI) is increasingly permeating various industries and even our personal lives. It has the potential to change our way of working and take a lot of work off our hands. In a recent study by Deutsche Börse AG, the operator of the Frankfurt Stock Exchange and the DAX stock index, DAX companies were surveyed on their views on the use of AI in the job application process.
The Role of Artificial Intelligence in Job Application Processes
Artificial intelligence can help make the job application process more efficient and fair by automating tasks such as preselecting candidates. Applications can be processed more quickly and suitable candidates can be more accurately identified. This can save HR departments a lot of time and improve the quality of recruitment.
Employers' Perspectives
However, the study of DAX companies showed a mixed picture. While some employers acknowledge and welcome the potential of AI in job application tracking and processing, others are more skeptical of this development. Concerns about the transparency of the process, fairness, and possible discrimination by AI algorithms shape this perspective.
Outlook
Overall, the study shows that the introduction of AI in the job application process is not a given.Despite the advantages that AI can offer, further discussions and work on ethical guidelines and transparency are necessary to increase acceptance among employers. Both politics and the economy and research must work on this. Only in this way can it be ensured that AI is used for the benefit of all and that no groups are disadvantaged.
Source: Deutsche Börse AG, study: The acceptance of AI in the application process in DAX companies
, 2024.
Author: Anita Faake, Friday, April 12, 2024
