LinkedIn reaches 1 billion members and adds AI functions for job seekers. LinkedIn, Microsoft’s (MSFT.O) business-focused social network, announced on Wednesday that it now has more than 1 billion members and is expanding artificial intelligence tools for paying customers.
LinkedIn reaches 1 billion members and adds AI functions for job seekers
LinkedIn’s billion-user milestone places the company – where members keep a resume-like profile of their education, work experience, and professional skills – in the top tier of social media networks, with competitors such as Meta Platforms (META.O).
According to the company, over 80% of recent members come from countries other than the United States. LinkedIn offers a free membership tier as well as subscriptions. Members of its $39.99-per-month tier will gain new AI tools that can tell a user whether they’re strong candidate based on the information in their profile, even if they’re sifting through dozens of job posts.
The algorithm might also suggest adjustments to the user’s profile to make him or her more competitive for a job. According to Tomer Cohen, LinkedIn’s chief product officer, the tool is intended to assist users in going “from what used to be just seeing a job and feeling insecure to being able to make tremendous progress in just one session, all the way to an interaction.”
LinkedIn also debuted a button on Wednesday that can condense large postings into a few important bullet points tailored to each user, such as giving a sales professional a different takeaway than a stock trader.
Also Read: How to Find Saved Jobs on Linkedin?