Improving the hiring process through AI-powered video interviews
The idea is to develop an AI-powered platform that uses video interviews to streamline the hiring process. Job seekers can record a video interview at their convenience, and employers can review the recordings and assess candidates more efficiently. This eliminates the traditional scheduling conflicts and provides employers with valuable insights into candidates' communication skills and personality traits. The projected market size for video recruitment technology is estimated at $2.9 billion by 2026, with a compound annual growth rate of 6.7%.