AI's Hairy Problem Framework
Stories, Framework, AI Job News
In this week’s issue of the EQ.app AI community, we will explore:
Big Hairy Problems
Free AI tools to try
News IN AI
MasterClass Events and VIP CODES
After an amazing trip to Universal Studios (the first time) with the family last week, I picked up balloons for my son and daughter, whose birthdays are days apart. The first time, I noticed a big sign pointing to a new balloon store. This was a bit strange. Where did it go?
I found out that Ronny, the new store's owner, had worked at the old balloon store for 20 years.
Ronny thought set up his own balloon store two doors down from his previous employers.
We got chatting; as a new business owner, we talked about margins and supply-and-demand customers, and it was just a great conversation.
He then shared that his problem was, "I can't speak to everyone who calls me,” but he could be missing out on business if he didn't take the call.
On my second visit, I showed him what we were doing with AI and had EQBuddy act like a balloon specialist (not a recruiter).
He was blown away (excuse the pun) because EQbuddy not only asked questions and provided the customer success he wanted, but it also moved the conversation along.
Just this week we I found a couple of our EQbuddy customers that needed help with “managing” demand, not “generating”
They received a lot of demand for job requests and had candidates but there was a mismatch: the supply needed certified candidates and there are lots.
The nuance is not the shortage, but it’s not about candidates' readiness.
“Due to the specific nature of the roles and positions, we receive many applications, making it difficult to assess whether a candidate is a good fit for the current role or potential future roles.” one customer told me.
Our deep understanding on recruiting has enabled us to build strong relationships with our clients, allowing them to share and for us to really understand their problems effectively way before we find solutions.
To address this, we have decided to start a pilot program called
“RECRUITING’s BIG HAIRY PROBLEMS”
Feel free to share yours the bigger the hairier the better
To make the best use of AI, it's essential to gather and understand the problems faced by both internal and external clients.
By doing so, we can use AI to solve these problems and create new opportunities for our business.
I am eager to learn about the BHP you currently face and the main issues your clients encounter.
A fundamental understanding of business problems is a better solution than most products.
Tools to try!
📈 Productivity and Time Management
EQbuddy: The AI Business partner for recruiting, designed to connect you with the right people and knowledge to save you time.
Gamma: Create working Powerpoint presentations you can refine and customize in under a minute, using our powerful AI generator.
Events
Live Audio
AI in Recruiting
Thu, Oct 10, 2024, LinkedIn Live 1pm PST
Virtual
📅 Hosted by Alan Mait from LEAD3R, this roundtable will explore how AI can be your strategic business partner, offering tools and insights to multiply your impact and drive sustainable growth.
Key Topics:
How AI provides measurable value in terms of team impact and business results
Practical applications of AI-driven tools for smaller teams or fractional leaders
Balancing human decision-making with AI insights
In-Person 10 VIP PROMO CODE: = SPONSOR
SAVE $229
Revolutionize
This month, I’ll attend and speak at the Revolutionize Conference in Oakland on October 23rd. This is a unique opportunity to engage with leaders committed to essential discussions and diverse perspectives.
The sessions will include conversations that explore the dynamics of a multi-generational workforce and delve into the intersection of technology and leadership.
In the News:
Headline: Full-time independents increase 6.5% this year: MBO Partners
Source: Staffing Industry Analysts
Summary: 📌 Key Points
Significant Growth: The number of full-time independent workers has increased by 65% this year, according to MBO Partners.
Shift in Workforce Dynamics: This growth indicates a significant shift in workforce dynamics, with more professionals opting for independent work.
Factors Driving Change: The increase is driven by factors such as flexibility, autonomy, and the desire for a better work-life balance.
📚 Learnings
Rise of the Gig Economy: The trend reflects the rising popularity of the gig economy and independent work arrangements.
Changing Work Preferences: Workers are increasingly valuing flexibility and control over their work environments and schedules.
🔍 Perspective
The substantial rise in full-time independent workers underscores a broader trend towards flexible work arrangements. This shift is reshaping traditional employment models and highlighting the growing importance of the gig economy in the modern workforce.
Headline: Indeed lawsuit claims ZipRecruiter poached customers, spread misinformation
Source: HR Drive
Summary: 📌 Key Points
Legal Action Initiated: Indeed has filed a lawsuit against ZipRecruiter, accusing them of unfairly poaching employer customers by spreading misinformation.
Competitive Landscape: The lawsuit highlights the fierce competition between major job search platforms, as they strive to attract and retain employer clients.
Allegations of Unfair Practices: Indeed claims that ZipRecruiter's tactics involved misleading information to entice customers away from their platform.
📚 Learnings
Importance of Ethical Competition: The recruitment industry must navigate competitive practices carefully to avoid legal disputes and maintain fair market practices.
Impact on Employer Choices: Employers need to be aware of the competitive dynamics and ensure they are making informed decisions based on accurate information.
🔍 Perspective
This legal battle between Indeed and ZipRecruiter reflects the high-stakes environment of the recruitment industry, where platforms are aggressively competing for market share. It underscores the need for transparency and ethical practices in business strategies to foster trust and long-term relationships with clients.
Headline: LatticeFlow’s LLM framework takes a first stab at benchmarking Big AI’s compliance with EU AI Act
Source: TechCrunch
Summary: 📌 Key Points
LatticeFlow's Initiative: LatticeFlow has introduced a framework to benchmark large language models (LLMs) for compliance with the EU AI Act.
Model Evaluations: The framework includes evaluations of popular LLMs, such as Meta's Llama models and OpenAI's GPT, focusing on their adherence to the EU AI Act.
Regulatory Focus: This initiative is part of a broader effort to ensure AI technologies meet regulatory standards, particularly in the European Union.
📚 Learnings
Compliance Importance: As AI technologies advance, compliance with regulations like the EU AI Act becomes crucial for companies to operate legally and ethically.
Benchmarking as a Tool: Benchmarking can serve as a valuable tool for assessing AI models' compliance, helping developers align with regulatory requirements.
🔍 Perspective
LatticeFlow's framework represents a significant step towards ensuring AI models are compliant with emerging regulations. This move highlights the growing importance of regulatory compliance in the AI industry, particularly in regions with stringent standards like the EU. As AI continues to evolve, such initiatives will be essential in fostering trust and accountability in AI technologies.
Thank you for being part of the EQ.app AI Community. Stay curious, keep exploring, and until next week—keep pushing boundaries with AI in Recruiting!