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AI’s role in transforming recruitment: challenges, efficiency, and opportunities

AI revolutionises recruitment, boosting efficiency for businesses while candidates adapt to new hiring complexities and challenges.

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AI revolutionises recruitment, boosting efficiency for businesses while candidates adapt to new hiring complexities and challenges.

As the employment landscape continues to rapidly evolve, Rebecca Carr, CEO of Smart Recruiters, highlights a major issue: the reduction in HR personnel.

While fewer staff may seem efficient, it complicates the hiring process as roles demand more specialised skills.

Currently, 56% of jobs are reported as more complex to fill, and time to hire has increased by nine to ten days globally.

Candidates are leveraging AI to enhance applications, with an estimated 58% using AI tools to optimise their CVs or apply for multiple jobs quickly.

This creates a larger applicant pool, further complicating business recruitment efforts.

AI can improve efficiency by automating tedious tasks like screening, scheduling interviews, and drafting offer letters.

Companies that implement AI often see a 26% improvement in hiring speed.

Rebecca notes that while recruitment has improved over the last decade, there is still a significant gap compared to consumer technology.

For companies to thrive, they must quickly adapt their recruitment processes to current expectations.

Regarding the opportunities and risks of AI, Rebecca identifies three key benefits: better candidate discovery, increased efficiency in processes, and enhanced insights for optimising hiring practices.

However, risks persist, particularly surrounding candidate consent and potential biases in AI algorithms.

As of now, about 40% of candidates choose to opt-out of AI-driven processes, indicating challenges in balancing technology with human elements.

For more information, visit Smart Recruiters’ website.

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Simple messaging solutions for small business owners

Fext offers simple messaging automation for small businesses to improve customer connections without complicated technology

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Fext offers simple messaging automation for small businesses to improve customer connections without complicated technology

In Short:
– Small business owners seek simple tech solutions for customer connections, avoiding complex systems.
– Fext offers automated messaging, allowing users to communicate efficiently without group chats.

Small business owners often seek straightforward solutions to connect with customers using minimal technology. Gonenc Mete from Fext discusses how these owners tend to avoid complex tech systems. His experience in Silicon Valley highlights the desire for simple, effective tools to manage everyday tasks.

Currently, many small business owners manage customer communications primarily through their phones. They often resort to sending repeated messages by copy-pasting, which can be time-consuming.

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The solution with Fext is a messaging automation feature. Users can compose a single message and send it to multiple recipients without the hassle of group chats..

The Fext app is available internationally, with strong user bases in Australia and New Zealand.
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Cyber security shifts redefine critical infrastructure in APAC

Cyber security evolution prompts redefinition of critical infrastructure in Asia Pacific amid rising digital threats

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Cyber security evolution prompts redefinition of critical infrastructure in Asia Pacific amid rising digital threats.

In Short:
– Cyber security incidents in Asia Pacific redefine critical infrastructure, expanding its scope beyond just industrial machinery.
– New strategies emphasise visibility to protect crucial sectors like banking, finance, and telecommunications from cyber threats.

The rise in cyber security incidents in Asia Pacific is reshaping the definition and protection of critical infrastructure. New digital and operational technology risks are prompting stakeholders to reconsider conventional beliefs that critical infrastructure is primarily industrial machinery behind high fences.

Michael Fisher from Garland Technology discusses this evolving landscape. Critical infrastructure now encompasses essential services such as banking, finance, and telecommunications, expanding beyond traditional definitions.

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The convergence of IT and operational technology (OT) networks increases cyber security risks. Many OT services were not designed with cyber security in mind, leaving them vulnerable to cyber attacks. Industries most at risk include telecommunications, banking, finance, and utilities, where any disruption can significantly impact society.

Increased Visibility

Fisher highlights that traditional cyber security alone is insufficient to secure these infrastructures. Effective protection requires a new approach focused on visibility. Garland Technology’s mission is to provide visibility to upstream cyber security platforms, eliminating blind spots.

Governments and businesses must recognise their roles in combatting cyber threats. Australia’s Security of Critical Infrastructure Act is a step towards increasing corporate responsibility in recognising critical infrastructure and ensuring compliance with security measures.


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Electric vehicles transform last mile delivery market

Electric vehicles revolutionise last mile delivery with significant growth expected in Australia as sustainability gains momentum

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Electric vehicles revolutionise last mile delivery with significant growth expected in Australia as sustainability gains momentum.

In Short:
– The shift to electric vehicles for last mile delivery is increasing, especially in Australia, driven by government initiatives.
– Challenges like costs and charging infrastructure hinder EV adoption, but advancements improve efficiency and sustainability perceptions.

The shift towards electric vehicles (EVs) for last mile delivery is accelerating globally, with Australia expected to see significant growth. Companies and retailers are increasingly adopting greener solutions, driven by supporting government initiatives.

Joe Sofra from ANC discussed the current state of the last mile EV market. He noted the global market is valued at around $30 billion and could grow three to four times over the next eight years.

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Challenges such as cost and charging infrastructure remain significant. Currently, over 100 EVs are on the road, but sufficient charging stations need to be developed, including home and public options. The unique requirements of commercial vehicles further complicate access to these facilities.Download the Ticker app

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