AI enhanced resumes gain favour as hiring managers embrace technology trends; ByteDance unveils StreamVoice: AI voice transformation raises fraud concerns; Netcore Cloud report: 7 in 10 CEOs set to invest in generative AI; Nasscom foundation launches fourth cohort at Hexart AI to skill students in emerging technologies- this and more in our daily roundup. Let us take a look.
According to a Canva and Sago survey, 45 percent of job seekers use AI tools to enhance their résumés. Surprisingly, 90 percent of hiring managers find it acceptable, with 44 percent endorsing AI in interview-related content. Despite 67 percent claiming to identify AI-modified resumes, the study suggests a rising trend in visual components, with 60 percent of managers preferring visually enriched CVs. Text-only resumes may become obsolete, as 71 percent believe in their decline within five years, Forbes reported.
ByteDance introduces StreamVoice, an AI model enabling instant voice transformation, allowing users to mimic others. Not yet public, the technology raises concerns about potential misuse for fraud. Developed by ByteDance and Northwestern Polytechnical University researchers, StreamVoice boasts real-time conversion with just one utterance, operating at livestream speed with 124 milliseconds latency. The AI's efficacy challenges previous offline voice conversion limitations, driven by recent language model advancements, Business Insider reported.
Netcore Cloud's 2024 State of Martech Report reveals that 7 out of 10 CEOs plan to invest in generative AI. The report analyses consumer behaviour shifts, emphasising preferences for short-form video content and instant transactions. It suggests marketers adopt personalised strategies, targeting individuals for effective engagement across platforms. With 90 percent of consumers influenced by videos, influencer marketing gains traction, while emerging platforms like TikTok and WhatsApp become new storefronts for brands, Times of India reported.
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