Connect with us

Hi, what are you looking for?

HEADLINES

AI knowledge gets your foot in the door – study

Male applicants with AI capital received an interview invitation in 54% of cases, whereas male applicants without AI capital were invited to interview in 28% of cases.

Photo by Possessed Photography from Unsplash.com

Employers are significantly more likely to offer job interviews and higher salaries to graduates with experience of artificial intelligence, according to research published in the journal Oxford Economic Papers.

Researchers from Anglia Ruskin University (ARU) conducted an experiment by submitting CVs for job vacancies from British 21-year-old applicants who held a 2:1 degree. Some of the applicants possessed AI capital – they had studied an ‘AI in business’ module – and this was mentioned in their cover letter for the application.

A matched pair of male applicants, one with AI capital and the other without, submitted applications, resulting in a total of 1,360 applications from male applicants to 680 UK companies. A total of 1,316 similarly matched applications from female applicants were sent to 658 firms.

Female applicants with AI capital received an interview invitation in 50% of cases, whereas female applicants without AI capital received one in 32% of cases.

Advertisement. Scroll to continue reading.

In large firms, applicants with AI capital were 36 percentage points more likely to be invited to an interview than in small-medium sized firms.

Male applicants with AI qualifications were shortlisted for jobs offering wages that were, on average, 12% higher than those for male applicants without AI capital, while female applicants with AI qualifications were offered interviews for jobs offering wages that were, on average, 13% higher than without AI capital.

Lead author Professor Nick Drydakis, Professor of Economics at Anglia Ruskin University (ARU), said: “In the UK, AI is causing dramatic shifts in the workforce, and firms need to respond to these demands by upgrading their workforces through enhancing their AI skill levels.

“Our study clearly indicates that employers value AI knowledge and skills among job applicants. Those applicants with AI capital were significantly more likely to be invited to interview and were also more likely to have access to better paid jobs.

“Job applicants with AI capital might possess the knowledge, skills and capabilities related to data analysis, data-driven decision-making, creativity, innovation, and effective communication, among other factors. These skills can enhance business operations, making them more efficient and potentially contributing to increased productivity within a firm.

Advertisement. Scroll to continue reading.

“Larger firms particularly valued AI capital, possibly because they tend to undergo more AI-based structural technological transformations and have greater capacity for innovation.”

You May Also Like

HEADLINES

To meet surging AI demands, 43% of new data center facilities are expected to be dedicated to AI workloads. With AI model training and...

HEADLINES

Qwen2.5-Omni-7B delivers uncompromised performance and powerful multimodal capabilities. This unique combination makes it the perfect foundation for developing agile, cost-effective AI agents that deliver...

HEADLINES

As technology becomes increasingly integral to everyday life, digitally savvy kids can enhance their tech skills to further enrich their knowledge and creativity. This...

HEADLINES

Maya’s fraud detection approach, Transaction Sequence Embeddings, analyzes and uncovers subtle patterns between transactions —flagging those that resemble fraudulent behavior or deviate from a...

SOFTWARE

With these enhancements, Copilot is now more accessible than ever across Windows 11, macOS, mobile apps, and Telegram. Plus, with improved local interoperability, Copilot...

HEADLINES

Within just one month, Lenovo has opened four new Exclusive Stores, strengthening its nationwide presence and making its innovative AI-powered devices more accessible to...

White Papers

Coursera data shows that while the country has the highest share of women in GenAI enrollments in the region and ranks among the top...

HEADLINES

According to Ren-Ren Reyes, president and CEO of G-Xchange, Inc., “This MOA with NPC underscores our commitment to upholding the highest standards of data...

Advertisement