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AI Drove Growth at Indeed After Investors Feared the Worst for Jobs-Search Site

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AI Is Driving Gains at a Jobs Website. Investors Feared the Opposite. AI sparked growth at a jobs-search platform that some investors feared doomed.

AI Is Driving Gains at a Jobs Website. Investors Feared the Opposite. AI sparked growth at a jobs-search platform that some investors feared doomed. This article is for subscribers only. Welcome to Bloomberg’s AI Today newsletter. Every weekday we’ll break down artificial intelligence’s threats and opportunities for businesses, workers, finance and economies. Sign up now if you’re not already on the list. Earlier this year, whenever Hisayuki Idekoba joined calls to discuss the latest earnings for Indeed, the jobs-search giant owned by Japan’s Recruit, the CEO faced a barrage of questions about the threat posed by artificial intelligence.
Jobs Website (ORG) Bloomberg’s AI Today (ORG) Hisayuki Idekoba (PERSON) Japan (LOCATION) Recruit (ORG)
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