Emergent's CEO tells BI why he feeds hiring interview transcripts into ChatGPT

Mukund Jha, the CEO of Emergent, is revolutionizing the hiring process by incorporating ChatGPT into his recruitment strategy. In a recent interview, he explained how he leverages AI to transform the subjective nature of interviews into a more objective evaluation. By inputting interview transcripts into ChatGPT, Jha seeks feedback on candidate performance, aiming to enhance his own judgment in the selection process. Jha is eager to scale this innovative approach throughout the company, proposing that every interview should include an AI assessment. He envisions a future where interview data can be processed through AI prompts, yielding unbiased evaluations on various criteria. Emergent, a rapidly growing vibe-coding startup, currently boasts over 100 employees and has ambitious plans to add 30 engineers by March. Jha describes the current landscape of the industry as a pivotal moment, likening it to the early days of Bitcoin. Notably, just eight months post-launch, Emergent reported reaching $100 million in annual recurring revenue (ARR). This figure represents the expected revenue from subscriptions and other recurring payments. The company has also attracted significant investment, raising $70 million in a Series B funding round, bringing total funding to around $100 million. Major investors include Khosla Ventures, SoftBank Vision Fund 2, and Google's AI Futures Fund. The trend of integrating AI into the hiring process is gaining momentum as companies strive for more data-driven recruitment strategies. Industry experts, such as Becky Frankiewicz from Manpower Group, emphasize that AI can expedite résumé processing and mitigate biases in hiring. Meanwhile, Nathalie Scardino from Salesforce highlighted the importance of human recruiters in assessing candidates' capabilities, despite the growing role of AI. Beyond recruitment, leaders like Accenture's CEO, Julie Sweet, are exploring AI's application in performance evaluations, indicating a broader shift in how companies perceive and utilize technology in their operations.