Bow, the jobs platform specially made for software developers looking for remote positions, aims to simplify recruitment with the launch of HireAI. Powered by OpenAI’s GPT-4, HireAI does much of the manual work of finding the right candidates from the 250,000 developers on Arc, including resume screening and mass outreach.
To use HireAI, companies upload their job description. It then provides a shortlist of candidates, refining preferences with each match, so companies get more accurate results.
Arc founder and CEO Weiting Liu, who also launched Code Mentor, a remote learning platform for software developers, told TechCrunch that the noise-to-signal rate is especially high when looking at global remote candidates. “Since Arc’s launch in 2019, we’ve seen countless hiring managers and recruiters become frustrated with the amount of time it takes to sift through hundreds of resumes and reach out manually to find the right candidates,” he said.
Before HireAI, companies using Arc had to submit their job requirements by filling out a detailed job application form. Arc then used its own machine learning algorithm to find the best candidates, or candidates applied for positions themselves. The platform’s recruiters would further select candidates for client review. HireAI, which employers can opt-in or opt-out of (or use in conjunction with manual screening), automates the onboarding process by generating job descriptions through “conversations” with an AI recruiter and providing instant matches.
By streamlining or automating tasks such as job description writing, candidate screening and outreach, AI-powered tools like HireAI free up time to focus on more strategic parts of recruiting, Liu said. These include meeting candidates to see if they are a good cultural match, building relationships and pitching positions with each person’s individual career goals in mind. Liu added that AI-powered tools like HireAI could potentially drive diversity, equality, and inclusion because recruiters don’t see candidates’ age, ethnicity, or gender until they find the best matches.
“It is important to note that while AI tools can handle many of the responsibilities traditionally assigned to recruiters, they are not intended to completely replace human recruiters,” Liu noted. HireAI launched internally on Arc a few days ago, and Liu said early data shows companies are twice as likely to interview developers linked to them through HireAI.