Eightfold.ai is looking to hire 300 techies from India and across the globe
- The company currently serves more than 100 clients including Dolby, Tata Communications, NetApp, Booking.com, TriNet.
- The company is planning to increase its workforce from 200 people to 500 people by the end of this year.
- At Business Insider’s
Future of Workevent, Ashutosh Garg, founder and CEO of the company, said that the idea behind AI was never to replace humans.
The five-year old startup, backed by SoftBank, which currently employs 80-100 people in India, uses
The company currently serves more than 100 clients including Dolby, Tata Communications, NetApp, Booking.com, TriNet.
AdvertisementIn an exclusive interview at the Future of Work event hosted by Business Insider, founder and chief executive of Eightfold.ai, Ashutosh Garg said, “We are growing from 200 people to 500 people this year. We plan to hire 300 people across the globe by December.”
When asked about the vision of the company during the interview, Garg said, “HR market is a $50 billion industry whereas finding the right talent is a trillion dollar problem. We are here to solve the trillion dollar problem for the companies who spend millions every year just on hiring, to make sure that they not only hire quickly, but hire the right talent and retain their employees as well.”
.@ashutoshg, the founder of @eightfoldai speaks on what is the success metric of artificial intelligence in elimina… https://t.co/zDXmuDWPYT— Business Insider India (@BiIndia) 1631809500000
Another aspect, which Garg highlighted in the interview was that the company is more focused on making the entire hiring process ‘unbiased’. Citing the example of Amazon news story published by Reuters in 2018 that the company secretly scrapped its AI recruiting tool because it was biased against women, Garg said, “The simple trick to reduce biases is to apply right algorithms and by learning about the skills and capabilities from a global data or perspective, we can mitigate the problem.”
Garg also clarified about one of the biggest fears many people have that ‘AI is a threat to entry level jobs’. He said, “ The idea behind AI was never to replace humans, but to augment them with data which is updated and relevant.”
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