AI algorithms can find right candidates, says Lokesh Nigam

BENGALURU: One of the most useful applications of the artificial intelligence technology will be in human resources as using AI can make the hiring process faster and more efficient for companies as well as prospective employees. Given the complexities of the job market and the pace with which the dynamics change, using this technology can help candidates find their way through career transitions more effectively, says Lokesh Nigam, co-founder and CEO, of Konverz.ai. In an interaction with TNIE, the co-founder of the AI-driven hiring company says the AI algorithms will become more intelligent in finding candidates who have not only technical skills and qualifications but also career aspirations, values, and - more importantly - cultural fit. According to him, the future of AI in the hiring process is one of empowerment in which technology functions as a facilitator for better transitions to gainful employment for both candidates and employers. "During the hiring process, we analyse text-based responses from candidates using natural language processing and machine learning techniques.