Generative AI: The Job Hunter’s Best Friend
The job hunting landscape has become increasingly competitive, with data showing that people in the UK are applying to around 15% more roles than a year ago. However, amid this intensifying environment, generative AI tools have emerged as a potential ally for job seekers.
Generative AI gained significant popularity in 2023, with platforms like ChatGPT from OpenAI and Google’s Bard captivating users worldwide. ChatGPT alone boasts over 180 million monthly users and 100 million weekly active users. Despite these impressive numbers, a recent survey by Morgan Stanley revealed that a majority of individuals not utilizing chatbots had no plans to do so in the next six months.
This hesitancy could be linked to another study conducted by Morgan Stanley’s research economists, who found that over 40% of occupations could be impacted by generative AI within the next three years. Such findings have sparked fear among workers, who worry about being replaced by technology. Yet, a recent poll indicated that while 20% of respondents feared generative AI tools such as ChatGPT would take jobs away from honest workers, others viewed these tools as aids that help them work smarter, not harder.
One way job seekers can leverage generative AI tools is by utilizing them in their search for a new role. It is important to note that ChatGPT only uses data up to the year 2021, so it cannot provide information on events or data beyond that timeframe. Nevertheless, these tools can serve as valuable research aids, providing insights into companies of interest, specific job titles, and technical terminology. For the most up-to-date information, job seekers may need to supplement their research with traditional search engines.
Generative AI tools can also expedite the job search process by assisting with cover letters, facilitating the identification and incorporation of relevant keywords from job ads into resumes, and even generating sets of interview questions. However, it is crucial to remember that these AI tools should be used as a starting point rather than relied upon entirely. While they can make your CV appear more impressive, attempting to deceive recruiters by artificially enhancing your experience will likely hinder you in the long run. Recruiters assess candidates based on genuine skills and capabilities, and an AI-altered CV may not pass the scrutiny of a second interview.
Despite the caveats, if you are ready to embark on a job search this year, generative AI, whether embraced or not, could be a valuable asset. On AltFi Job Board, for instance, numerous exciting opportunities await. SumUp is seeking an Engineering Manager to lead a squad of mobile engineers, Mastercard is searching for a Procurement Card Director, and Goldman Sachs is hiring a Full Stack Engineer. Each role presents unique challenges and opportunities, requiring various levels of experience and expertise.
In conclusion, generative AI tools can be a job hunter’s best friend, facilitating efficient searches, aiding in the application process, and streamlining interview preparation. However, it is crucial to use these tools responsibly and recognize their limitations. While generative AI can enhance certain aspects of job hunting, it is ultimately genuine skills and qualifications that pave the way for long-term success. So, whether you choose to embrace generative AI or rely on traditional methods, the job market awaits with numerous opportunities for those ready to take the plunge.
