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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
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LinkedIn unveils platform for recruiters that uses AI to find better candidates faster

By
Paige McGlauflin
Paige McGlauflin
and
Joey Abrams
Joey Abrams
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By
Paige McGlauflin
Paige McGlauflin
and
Joey Abrams
Joey Abrams
Down Arrow Button Icon
October 3, 2023, 9:58 AM ET
A pedestrian walks by a sign at a LinkedIn office on July 26, 2023 in San Francisco, California.
LinkedIn unveiled a revamped, AI-driven Recruiter platform on Tuesday, Oct. 3, 2023.Justin Sullivan—Getty Images

Good morning!

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LinkedIn unveiled a slate of new AI tools on Tuesday, including a revamp of its recruiter platform for sourcing talent. The professional networking site will gradually roll out its first features, intended to streamline and simplify how recruiters find candidates on the site, between October 2023 and April 2024, and expects to announce more rollouts again in April. 

“Recruiters have a really tough job,” says Hari Srinivasan, LinkedIn’s vice president of product. They have to be expert talent strategists, deeply understand the talent market, and be aware of the top skills needed for every vacant role. Srinivasan and his team focused on unburdening some of that lift by simplifying the sourcing experience and improving the precision of search to help recruiters find relevant candidates.

LinkedIn already sits on a wealth of data. According to the company, over 950 million professionals are on the site. In addition to user-supplied information like work history, the company captures data for recruiters, such as the 40,000-plus skills users can select to share on their profiles. With this abundance of information, LinkedIn’s 2024 recruiter platform release will use generative AI to assist in the candidate search process.

Courtesy of LinkedIn

Instead of conducting complex Boolean searches or filling out over a dozen filter fields, recruiters can simply type their candidate criteria into a search bar using natural language. (For example, “Find me a senior growth marketing leader near our offices who has worked at high-growth companies.”) The AI tool will then create a “project,” similar to a saved search, and provide a search result of candidates based on the specifications given.

Recruiters can then refine or expand the search as they progress through the candidate search process using an AI chat bar. For example, the recruiter can type: “Only include candidates open to work,” and the AI will remove any candidates who do not have “open to work” selected on their profile. The AI tool can also send personalized nudges to the hirer to help expand their search, such as recommending the recruiter add certain skills to the search criteria or if a role should be hybrid. 

The reimagined recruiter tool should help hiring teams cut down on time spent looking for candidates, says Srinivasan, and help them find talent that would have otherwise been in their blind spots. 

Paige McGlauflin
paige.mcglauflin@fortune.com
@paidion

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LinkedIn also revealed a new AI chatbot for its e-learning platform, LinkedIn Learning. Srinivasan thinks the tool can help employees faster upskill or reskill.

“For the CHRO, if you are able to give [employees] this tool that is personalized and gives you quick answers…I think that has the capability to lift your entire organization's skills."

Around the Table

A round-up of the most important HR headlines.

- More than half of work meetings on Microsoft Teams have shrunk to just 15 minutes. Leaders say this trend is efficient and cost-effective. Wall Street Journal

- Many investors believe the U.S. office market is headed for another nine months of price declines and may have to crash before it can rebound. Markets Insider

- Citigroup CEO Jane Fraser said layoffs were part of the company's restructuring plans but declined to specify how many employees the bank cut, stating that number will be released in the company’s Q4 earnings. CNBC

Watercooler

Everything you need to know from Fortune.

Tools of the trade. Gen Z workers are more interested in learning hard skills than the soft skills many employers believe they lack.—Chloe Berger

Headset offices. Meta CEO Mark Zuckerberg said in a podcast that the virtual reality technology his company is developing could create a future where remote employees can work together and obtain the same benefits of in-person collaboration. —Steve Mollman

Resistance is futile. Spotify CEO Daniel Ek believes it's nearly impossible for AI regulations—including those protecting workers from being replaced by the technology—to keep up with AI’s developments. —Ryan Hogg

This is the web version of CHRO Daily, a newsletter focusing on helping HR executives navigate the needs of the workplace. Sign up to get it delivered free to your inbox.

About the Authors
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By Joey AbramsAssociate Production Editor

Joey Abrams is the associate production editor at Fortune.

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