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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
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Meet the HR executive who created an AI chatbot to give Gen Z career advice

By
Paige McGlauflin
Paige McGlauflin
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By
Paige McGlauflin
Paige McGlauflin
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July 3, 2024, 8:22 AM ET
Kathleen Pearson, global chief talent officer at McDermott Will & Emery.
Kathleen Pearson, global chief talent officer at McDermott Will & Emery.Courtesy of McDermott Will & Emery LLP
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HR leaders are used to dealing with a ton of costly and clunky HR software. 

But the recent explosion of AI tools means that not only do HR executives have different technology options at their fingertips—they can even create their own tools. And Kathleen Pearson, global chief talent officer at McDermott Will & Emery, a law firm with more than 1,700 attorneys operating in seven countries, did just that.

Pearson was an early adopter of mainstream AI tech, and quickly discovered that OpenAI’s ChatGPT chatbot developer allowed anyone to create their own bot. She decided that supporting Gen Zers and offering career advice would be a good area to start, considering the high demand and a dearth of resources for young people.

“Gen Z itself has a harder time, sometimes, connecting with career counselors,” she says. “They’re super expensive, [and] the path to entry for that is hard sometimes. You don’t necessarily know who to call, you don’t necessarily know what advice you’re gonna get, all that stuff.”

Earlier this year, she rolled out “Ask Jane” to the public, a bot made to offer career advice and feedback to young professionals. While it only took an hour to build initially, Pearson says she has spent “considerable time” refining the bot since. Ask Jane is free to use, so long as you have an OpenAI account. It can compare a resume to a job description and give a match probability, conduct mock interviews, and work in several different languages. The bot also has memory capabilities, so if a user returns more than once, it can ask follow-up questions about their previous interaction. 

The chatbot also offers advice. For example, someone can write, “I made a mistake at work. Can you help me?” The bot will offer advice while always telling the user to talk to their manager about the issue as well. Pearson says this makes it less intimidating for young employees to seek help about an issue. 

Pearson’s foray into HR tech with AskJane helped her and other members of her team understand that they didn’t need to be coders to build the kind of tools they wanted. The HR department at the firm later partnered with the IT department to host a “prompt-a-thon,” in which employees pitched their own AI solution ideas. The company is planning to continue the tradition.    

“Once you develop a big use case for something and [demonstrate] how easy it is to build something—because I’m not a programmer, I’m not a developer—you can come up with a way to use this stuff,” she says. “You can actually build these things that can really be impactful and change the way people interact with data and interact with each other.”

Paige McGlauflin
paige.mcglauflin@fortune.com
@paidion

CHRO Daily will not publish tomorrow, July 4, in observance of Independence Day. We’ll be back in your inboxes on Friday.

Around the Table

A round-up of the most important HR headlines.

- Costlier commutes between New Jersey and New York, coupled with worsening service conditions, could lead to an economic crisis for commuters and businesses. Bloomberg

- The Occupational Safety and Health Administration proposed a new rule on Tuesday requiring that employers take steps to protect their workers from exposure to extreme heat. Washington Post

- Parents in Sweden can now transfer a portion of their paid parental leave to other caretakers, per a new law that went into effect this week. New York Times

Watercooler

Everything you need to know from Fortune.

JOLTS jump. U.S. job openings and layoffs rose to 8.1 million and 1.65 million, respectively, in May, according to the Labor Department’s newest JOLTS report, marking a surprising increase from April’s three-year low. —AP

Bearish on AI. Hedge fund Citadel founder and CEO Ken Griffin has fallen off the AI bandwagon, saying he doesn’t think tools like ChatGPT will become more valuable in the next three years than the top human talent he’s already recruiting. —Christiaan Hetzner

Big absence. Office vacancies hit a record high of 20.1% in the second quarter of this year, according to a new analysis from Moody’s. —Alena Botros

Newbie treatment. Tom Brady credits his successful athletic career to his teammates and coaches giving him constructive feedback like it’s his first day on the job. —Jane Thier

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