Please describe your proposed solution.
Definition of Terms:
- Human hiring systems refers to the practice where humans are in charge or control of the hiring processes, from the writing of the job description to the screening of CVs, to taking of interviews to preselection and selection of candidates on behalf of organizations.
- Whenever I use the term AI in this proposal I am referring to Artificial Intelligence
- NLP refers to natural Language processing, in a layman term in Artificial intelligence refers to where a machine is able to process and deduce significant information and generate as well as use information the way humans use their language
- Word Token: Refers to the amount of words an AI can write,; it's the matching of text to numbers in a model
The Problem
According to a recent Harvard report persons of color stand a 45% chance of getting hired if their backgrounds and demographics are excluded from the screening and hiring processes. This report only shows the inefficiencies that exist in human hiring systems.
In a recent research paper that I, a team of Remostart employees and some college professors published on behalf of Remostart, titled
One thing that struck our team in this research was how many women and other quality talents did not make it to the accepted list when the HR had info on their backgrounds as opposed to when we did a blind process using blockchain, we also discovered high resource cost, time consumption and a lot of ambiguities with the human hiring and interview systems.
This research among other similar research work shows that something is fundamentally wrong with human hiring systems, especially interview systems that revolve around humans.
How can we use the Cardano blockchain together with Artificial Intelligence to solve these problems? how can Cardano solve the problem of resource cost, time consumption, and ambiguities associated with human hiring systems? This is what this project is all about.
Our Solution
Cardano Blockchain is known for the following attributes, its transparency, low cost of transaction and energy, immutability, speed etc. We can draw a parallel that these are the attributes currently lacking in human hiring systems wherein the problems. Take for example the existence of bias in human hiring systems is because of the lack of transparency with humans. So this project wants to infuse all the novel attributes and values of Cardano into the hiring space through AI and using it to replace all the inefficiencies observed when humans are involved. So in simple terms this is how to describe our solution
An AI based hiring agent that uses the cardano blockchain to power its technology and operation.
Diagram:
HOW IT WORKS:
Let me break it down this is how it works, Assuming an organization, company or HR wants to solve or significantly reduce the bias, marginalization, redundancy, and ambiguities that surround its hiring processes or policies and decide to use this solution that we are building. The set organization or company simply opens an account in our Cardano-powered Dapp platform goes to its customized AI hiring agent, and interacts with the hiring agent. Through the interaction using NLP, the agent can deduce what the organization wants, the kind of candidate they want to hire, and every other detail. The agent then writes a detailed job description subject to the approval of the HR or company, if approved the agent goes ahead to post this job description on Job description platforms, it then receives applications, screens the application, invite the qualified ones for interviews, takes interviews on behalf of the organization and then preselects candidates that are more suited for the role, sends them to the HR, company or organisation for final selection.
DEMO:
Prototype video of an AI agent taking interviews:
https://drive.google.com/file/d/1b_QbN_TXM8Jsv6WVih9UPNiZxjc1fmv3/view?usp=sharing
Prototype of our ai agent for writing job descriptions: <https://job-description-tool.vercel.app/>
(Please note the tool is currently slow and is still under development, you may need to wait for tool for about 2-3 minutes to get the results displayed)
Screenshot From our Dashboard, After agent preselects candidates
CARDANO POWERED ECOSYSTEM
The underlying technology of this solution is Cardano, but beyond the fact that this will be a Cardano Dapp every thing in the ecosystem of the solution revolves around the cardano inrastracture, the following are ways in which we are integrating it
(I) Cardano tokens(ADA) determine the word tokens that the AI agent utilizes: As we stated the whole ecosystem will be cardano-powered, and the length of a job description will be determined by the amount in a user wallet, so if a user needs more word tokens there's a threshold of ADA tokens that must be in the wallet to unlock more word tokens by the agent. This threshold is not necessarily a gas fee for the transaction.
(ii) Cardano tokens(ADA) determine the time duration and amount of rounds that the AI agent can execute: The similar logic for the word description applies to the time duration for screening of talents, the amount of ADA in the user wallet unlocks the length of duration and interview can possibly last and the amount of prescreening interview that the hiring agent can undertake.
(ii) Cardano Smart Contracts integration: Cardano Smart contracts written into the project will help with coordination of the amount of gas fees that an action or transaction triggered will cost, the amount of word tokens, time duration etc that an individual user can access.
PROJECT READINESS
We already have prototypes of the AI hiring agent for taking interview, we have the prototype of the job description writer, this proposal is seeking funding to help us optimize the prototypes built into a minimum viable product.
FUTURE SCOPE
In the future not only will this be powered by ADA token we will be launching our token to power this hiring ecosystem, this token will be called REMO token it will be a Cardano native token and will be used in our ecosystem for powering AI agents for different tasks depending on what is needed.
Also in the future, we will be launching an AI agent for talented applicants to prepare well for the interviews, work on their Cv, and increase their chances at getting hired.