Two Google and Facebook Geniuses are Combining Search and AI to Transform HR
Two wizards from Google and Facebook together are trying to combine Silicon Valley’s buzz words search, artificial intelligence, and big data into a new technology service that aims to solve the problem in providing professional meaning in the modern world.
A former search and personalization expert at Google and IBM, Ashutosh Garg is the new chief executive and Varun Kacholia who formerly led the ranking team at Google and YouTube search and the News Feed team at Facebook is the new chief technology officer.
Eightfold.ai with an executive team that has a combined 80 patents and more than 6,000 citations for their research. Funding is provided by big-time investors, Lightspeed Ventures and Foundation Capital for about $24 million with a big goal. The company’s executive team feel that all of the biases in recruiting, hiring, professional development and advancement should be wrung out with the creation of an ideal workforce which is based on the available data from all around the world.
According to Garg, there are two important functions at play. The first one is the talent network development in the business that is the talent graph of a company and second is mapping how people have gone from one function to the another in their carrier. By this Eightfold.ai services can predict the right and best path for the all the employees to reach their full potential. Eightfold.ai’s name is taken from Buddhism’s eightfold path to enlightenment.
With this data intelligence, Eightfold.ai can provide powerful insights to recruiters and hiring managers. This also further allows removal of any serious human bias via blind screening. They are fully compliant with EEOC (Equal Employment Opportunity Commission) and do not use age, sex, race, religion, disability, etc in assessment fit of candidates. Making personnel decisions less personal by removing human bias from the process is laudable, but only if the decision-making systems are, themselves, untainted by those biases.
“Eightfold.ai has an incredible opportunity to help people reach their full potential in their careers while empowering the workforces of the future,” said Peter Nieh, a partner at Lightspeed Ventures in a statement. “Ashutosh and Varun are bringing to talent management the transformative artificial intelligence and data science capability that they brought to Google, YouTube and Facebook. We backed Ashutosh previously when he co-founded BloomReach and look forward to partnering with him again.”