Highlights:
- Over the past year, LinkedIn has been testing AI features for its premium members, starting with the capacity to utilize generative AI for creating improved profiles and job listings.
- Users also have the option to inquire about the individuals working at their respective jobs, enabling them to connect with other employees and initiate conversations regarding the job opportunity.
LinkedIn, a subsidiary of Microsoft Corp., has introduced an innovative AI chatbot to guide users toward their next career opportunity.
LinkedIn has revealed its role as a “job seeker coach” alongside various other AI-driven tools available to its premium members. This latest feature leverages the capabilities of GPT-4, a powerful generative AI large language model that also serves as the foundation for OpenAI LP’s ChatGPT. The tool harnesses LinkedIn’s extensive dataset, comprising information from over 67 million employers.
The company reports that the platform has surpassed 1 billion professionals. With the introduction of these new tools, LinkedIn aims to expand its investments in AI features further to provide enhanced assistance to its users.
Over the past year, the company has been testing AI features for its premium members, starting with the capacity to utilize generative AI for creating improved profiles and job listings. LinkedIn then began assisting hiring managers in their search for potential candidates through a chatbot interface that provides a conversational search and an employee training tool that enables users to ask questions about their jobs in natural language.
This new AI feature is designed to assist users in evaluating the suitability of a potential job application by comparing it to the skills and resources listed on their LinkedIn profiles, helping them determine if the opportunity aligns with their qualifications. It incorporates an AI summarization feature alongside each job posting to achieve this. This allows applicants to swiftly decide whether they are a suitable match for the role, identify their strengths and weaknesses, and receive guidance on enhancing their prospects of securing the position.
Subsequently, the AI system will allow users to pose additional inquiries, such as “Am I a good fit for this job?” or “How can I better position myself for this job?” LinkedIn refers to this as the “coaching experience” because it allows job seekers to interact with the chatbot via an accessible interface, receiving helpful tips for self-improvement.
Users also have the option to inquire about the individuals working at their respective jobs, enabling them to connect with other employees and initiate conversations regarding the job opportunity. Additionally, the platform can utilize the job applicant’s network to recommend individuals who offer valuable information or connections that could give them an advantage in the application process. The generative AI chatbot can even aid in composing a query letter to reach potential contacts.
In light of a revenue slowdown that prompted LinkedIn to lay off nearly 700 employees in mid-October, the company is focusing on enhancing its AI capabilities. The surge in generative AI technology is currently a cornerstone for social networking and professional services companies, offering a compelling tool for their premium users. LinkedIn might be aiming to revitalize its revenue growth by leveraging the popularity and utility of these tools to enhance the user experience on the platform.
The company has announced that this experience will be available to handpicked LinkedIn premium subscribers starting now, with no extra charges. Users can enjoy a one-month free trial of LinkedIn Premium or subscribe to LinkedIn Career Premium at USD 39.99 per month.