Connect with us

Tech News

Startups target employment with AI and engagement tools – TechCrunch

Published

on

If you have a job today, there’s a good chance you personally reached out to your employer and interviewed with other humans to get it. Now that you’ve been there a while, it’s also likely the workday feels more like a long slog than the fulfilling career move you had envisioned.

But if today’s early-stage startups have their way, your next employment experience could be quite different.

First, forget the networking and interview gauntlet. Instead, let an AI-enabled screening program reach out about a job you don’t seem obviously qualified to do. Or, rather than talk to a company’s employees, wait for them to play some online games instead. If you play similarly, they may decide to hire you.

Once you have the job, software will also make you more efficient and happier at your work.

An AI-driven software platform will deliver regular “nudges,” offering customized suggestions to make you a more effective worker. If you’re feeling burned out, head online to text or video chat with a coach or therapist. Or perhaps you’ll just be happier in your job now that your employer is delivering regular tokens of appreciation.

Those are a few of the ways early-stage startups are looking to change the status quo of job-seeking and employment. While employment is a broad category, an analysis of Crunchbase funding data for the space shows a high concentration of activity in two key areas: AI-driven hiring software and tools to improve employee engagement.

Below, we look at where the money’s going and how today’s early-stage startups could play a role in transforming the work experience of tomorrow.

Artificial intelligence

To begin, let us reflect that we are at a strange inflection point for AI and employment. Our artificially intelligent overlords are not smart enough to actually do our jobs. Nonetheless, they have strong opinions about whether we’re qualified to do them ourselves.

It is at this peculiar point that the alchemic mix of AI software, recruiting-based business models and venture capital are coming together to build startups.

In 2018, at least 43 companies applying AI or machine learning to some facet of employment have raised seed or early-stage funding, according to Crunchbase data. In the chart below, we look at a few startups that have secured rounds, along with their backers and respective business models:

At present, even AI boosters don’t tout the technology as a cure-all for troubles plaguing the talent recruitment space. While it’s true humans are biased and flawed when it comes to evaluating job candidates, artificially intelligent software suffers from many of the same bugs. For instance, Amazon scrapped its AI recruiting tool developed in-house because it exhibited bias against women.

That said, it’s still early innings. Over the next few years, startups will be actively tweaking their software to improve performance and reduce bias.

Happiness and engagement

Once the goal of recruiting the best people is achieved, the next step is ensuring they stay and thrive.

Usually, a paycheck goes a long way to accomplishing the goal of staying. But in case that’s not enough, startups are busily devising a host of tools for employers to boost engagement and fight the scourge of burnout.

In the chart below, we look at a few of the companies that received early-stage funding this year to build out software platforms and services aimed at making people happier and more effective at work:

The most heavily funded of the early-stage crop looks to be Peakon, which offers a software platform for measuring employee engagement and collecting feedback. The Danish firm has raised $33 million to date to fund its expansion.

London-based BioBeats is another up-and-comer aimed at the “corporate wellness” market, with digital tools to help employees track stress levels and other health-related metrics. The company has raised $7 million to date to help keep those stress levels in check.

Early-stage indicators

Early-stage funding activity tends to be an indicator of areas with somewhat low adoption rates today that are poised to take off dramatically. For employment, that means we can likely expect to see AI-based recruitment and software-driven engagement tools become more widespread in the coming years.

What does that mean for job seekers and paycheck toilers? Expect to spend more of your time interfacing with intelligent software. Apparently, it’ll make you more employable, and happier, too.

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech News

Nokia 9.3 PureView might be a no-show this year

Published

on

HMD Global has flooded the market with affordable Android phones but its track record on higher tiers has been less impressive. To date, only the Nokia 8 Sirocco and Nokia 9 PureView can be considered top-tier, at least based on the premium Snapdragon chips they’re carrying. The latter’s successor would have not been on par, at least based on the earliest information we had, but it would have given the PureView brand yet another stab at the market. Unfortunately, that won’t be happening any time soon, as the Nokia 9.3 PureView has reportedly been delayed to 2021.

The Nokia 9 PureView was quite the oddity, though it wasn’t surprising considering HMD Global partnered with mobile camera company Light. It utilized five co-equal cameras to independently take shots of the same scene and stitch them together into a single hi-res image. It mostly delivered on that promise but left plenty of room for a version 2.

By late 2019, Qualcomm seemed to be quite excited for a Nokia 9 PureView successor that would showcase its Snapdragon 765’s capabilities despite not being an 8-series processor. It might have disappointed some who were hoping for a true Nokia premium flagship. For better or worse that successor never came, which ironically leaves the door open for a better device.

Twitter user @Nokia_anew now claims that the Nokia 9.3 PureView has been pushed back to 2021. When that will be is still unknown but it might be sometime in the first half of the year. That potentially means HMD could switch to using a Snapdragon 875 but, considering its preferences for mid-range to entry-level chips, we won’t be too optimistic about the chances.

Even more concerning, however, is the absence of a Nokia PureView in 2020, which could call into question HMD Global’s ability to even make one now that Light is out of the mobile market. The company still has to come out with a new high-end phone but, then again, Nokia was better known for flooding the market with innumerable phones anyway.

Continue Reading

Tech News

Samsung NEON artificial humans could be on Galaxy phones soon

Published

on

AI and machine learning have become the buzzwords of today’s tech world and news but, save for a few exceptions, people envision them as disembodied voices like Siri or even impersonal bits and bytes that silent work miracle behind computer screens. At CES 2020 earlier this year, Samsung and its subsidiary Star Labs showed off AI that was both relatable but also eerily too human. As if it wasn’t enough to have them standing at arms’ length on wall-mounted displays, it seems that Samsung is toying with the idea of bringing NEON to phones soon.

The idea behind NEON is just as bewildering as it sounds. These artificial humans aren’t Siri, Cortana, or Alexa made digital flesh. They are, instead, mean to be virtual equivalents of persons, using AI to express emotions and reactions in a human-like way. Rather than being virtual assistants, they are more like virtual friends.

The COVID-19 pandemic that exploded just a few weeks later may have thrown a wrench in Samsung’s plans to demonstrate the kind of product it wants NEON to be. While the idea of a virtual companion might be attractive to some, having those confined to a life-sized screen on a single wall in your house breaks the illusion it tries to offer. For better or worse, it seems that Samsung wants you to take your NEON with you in the future.

Star Labs president and CEO Pranav Mistry, whose list of achievements include the Samsung Galaxy Gear and Samsung Project Beyond 3D capture system, revealed on Twitter that NEON was already running on his phone. Given his employer, we can only presume it’s some high-end Samsung Galaxy phone. He also shares that the public will be able to see this combination next month.

That still doesn’t exactly clarify what NEON is for, aside from being a showcase of Samsung’s AI chops. Granted, it might have more practical value on a mobile device than on a wall but it will probably be only a matter of time before uncanny valley makes humans uncomfortable with their digital counterparts.

Continue Reading

Tech News

Apple Watch becomes an iPhone viewfinder with this odd mount

Published

on

One of the earliest promises of smartwatches was that they’d let you control your smartphone from your wrist. As the years passed, however, that functionality has taken a backseat as smartwatches become more fitness and health-centric. In fact, aside from media playback and calls, there are very few apps that take advantage of the ways a smartwatch can actually control smartphones. One of those ways is to remotely take photos or videos, something that an odd accessory from an unknown company is capitalizing on.

There are smartwatch apps and even camera apps that can turn the wearable into a shutter button. Sometimes they can even display what would usually be on the camera app’s screen, functioning as a small viewfinder. While that is often presented as a way to take selfies using the main rear cameras of a phone, camera accessory maker Ulanzi is turning the concept into a useful tool for vloggers and live streamers.

The Ulanzi ST-09 Phone Tripod Mount is pretty much a clamp for an iPhone that also has a mount for an Apple Watch. The idea is that you attach the mount to the back of an iPhone and then attach the Apple Watch, making it seem like the smartwatch is sticking to the back of the phone. Thanks to an accompanying Apple Watch app, that smartwatch becomes a small viewfinder that makes the impossible possible. It makes it dead easy to see and frame your shot using the rear cameras.

That setup might seem overkill or even ridiculous just for a high-quality selfie but mobile vloggers and streamers might beg to differ. The iPhone’s FaceTime front cameras have never been their strongest point and video creators have always had to compromise on that point just to use the otherwise excellent main iPhone cameras. This way, the only compromise is the small Apple Watch screen that might actually be familiar to those who use action cameras.

Presuming you already own an Apple Watch, the discounted $19.95 price of the Ulanzi ST-09 Phone Tripod Mount doesn’t look that bad. It even has a cold shoe mount on top to attach other filmmaking accessories, as if trying to tell you it is really designed for pros. The clam seems to be big enough to support even the largest iPhone widths but the accessory might be compatible with the Apple Watch Series 5 and later only.

Continue Reading

Trending