How AI is Transforming the Future of Hiring

In this week's edition of The AI Breakdown, we'll discuss how AI is transforming the future of hiring, Amazon's hefty investment in AI, Toyota's utilization of AI in car design, and introduce a new open-source generative developer to assist you in coding applications.

Talent Select AI Screens Job Candidates Automatically

You're likely familiar with the Myers-Briggs Personality test. Talent Select is the AI version of this test. During a live interview, this tool analyzes the words candidates use to determine if they are a good personality fit for the company.

As the technology is fine-tuned, it could become an invaluable tool for interviewers in determining whether a candidate fits well within the team. It also introduces an objective element that may reduce bias in the hiring process.

AWS Launches $100M Program for AI Funding

Amazon Web Services (AWS) has launched the AWS Generative AI Innovation Center, a program planning to invest $100 million in startups and organizations focusing on generative AI.

While AWS's investment is substantial, it is not the largest commitment to AI funding currently. Salesforce Ventures and Workday have pledged $500 million and $250 million respectively to back AI technologies and startups, indicating possible major power shifts in the future of big tech.

Toyota unveils AI-powered vehicle design tool

The Toyota Research Institute has introduced a generative AI tool that aids vehicle designers by producing design sketches from text prompts while also optimizing performance metrics.

This tool might reshape the dynamics between designers and engineers. Traditionally, the design process involves iterative back-and-forth between these two teams, with designs often failing to meet initial engineering requirements, necessitating extensive collaboration. The speed of developing a new vehicle could be significantly reduced with this new tech.

🌎 Around the Web

Here are some interesting stories and tools that caught our attention this week:

• Stability AI launches SDXL 0.9: A Leap Forward in AI Image Generation (link)

• interviewsby.ai: Nail the interview, land your dream job (link)

• Dust: Build smarter teams with generative AI(link)

• Timecomplexity: Runtime Calculator (link)

• Video Highlight: Summarize and take notes from videos (link)

• Claid AI: Generate product images that suit your brand (link)

• Tome: Transform your strategy doc, a creative brief, or a website into a compelling presentation (link)

• Taskade: Five AI-powered productivity tools in one (link)

• MidJourney: V5.2 was released (link)

• ChatGPT Compromised: Group-IB Discovers 100K+ Compromised ChatGPT Accounts on Dark Web (link)

• FabricGenie: Create fabric with the power of AI (link)

🛠️ The Best Open Source Tools

These generative developer projects are always popular on GitHub, though they've mostly been seen generating simple applications. Nevertheless, I'm still going to try this one out.

🎧 Listen Up!

Sam Charrington's podcast brings together top minds from AI researchers, data scientists, engineers, and tech-savvy business and IT leaders. He's known for asking the right questions and giving lesser-known names a chance to share their knowledge.

🖼️ AI image of the week

Ridiculous AI images and memes from around the web.

Thanks for reading this issue of The AI Breakdown. If you haven’t already, subscribe to get the next issue in your inbox and tell your friends about us. Additionally, If you have any interesting projects or ideas, DM me on Twitter: @jjordanwade 

Until next time, take it easy 👋
— Jordan Wade