JamieAi: Leveraging artificial intelligence to disrupt the recruiting industry

Founder and CEO of JamieAi, Adrian Ezra, has long held a desire to not only transform, but revolutionize the recruiting industry. He argues that it's desperately in need of something new, fresh, and something that actually works.

Halfway through the interview he stops to say: “Actually I love this story. Let me… It’ll take 30 seconds… A hiring manager at a very large investment bank is approached with a stack of 100 CVs to evaluate. He takes half of the CVs and throws them in the bin. The HR business partner turns to him and says: ‘Why did you do that?’ And he says ‘we don't hire unlucky people.’ That virtual bin does exist. CVs that get sent in don't get read.”

With almost 20 years as CEO of headhunting company Execuzen, Ezra understands better than most the advantages, disadvantages and inefficiencies of the recruitment space. “You look at what you get, and you look at what it costs, and you figure that there's a disconnect. Something is wrong, something has to give.” Business Chief sat down with Ezra to find out how his new passion project, London-based recruitment tech startup JamieAi, is disrupting the recruitment space using a mixture of human expertise and AI-driven automation.

“I've always thought that recruitment as an industry, or human capital as an industry, was ripe for some sort of disruption,” says Ezra. In its current state, the bulk of spending in the recruitment industry goes towards contingency recruitment: companies use multiple recruitment agencies, job boards, job-hunting sites like LinkedIn and Indeed, and internal recruiters to source new employees. “Because recruiters are competing against a whole other range of people, their interest is not finding the right fit for a role, the interest is getting the CV in first,” Ezra explains. “As a result, recruiters don't really engage with a candidate unless they’ve known them for a very long time. They don't have that much knowledge of the individual. You're just sending their CV in because, if you don't, somebody else will. As a result, the industry gets a bad name.”

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