Since its release to the public in November 2022, OpenAI's ChatGPT has gained immense popularity and has ushered in a new era of AI. Within five days of its launch, the chatbot had attracted 1 million users, making it the fastest-growing consumer internet app in history. By the end of the first month, that number had grown to 100 million active users, surpassing growth records set by social media platforms like Twitter, Facebook, and Instagram. Today, ChatGPT has 180 million monthly active users and receives around 1.6 billion visits per month.
Government spending on AI is also expected to increase sharply, going from $1.8 billion in 2023 to a proposed $3.1 billion in 2024. As a result, AI is being incorporated into a wide range of consumer-facing tools, such as LinkedIn's post and search suggestions and Microsoft's Copilot. However, enterprise adoption is moving at a slower pace due to logistical and practical hurdles, as well as legislative barriers to the widespread use of AI in hiring decisions.
While Microsoft has made significant investments totaling $13 billion into OpenAI, the company doesn't actually own the AI firm. Instead, Microsoft provides access to its tools via its Azure services. This explains why Microsoft has been able to quickly roll out AI enhancements to its suite of products.
ChatGPT can assist in crafting a resume that accurately summarizes one's career journey, but it cannot yet sound authentically human. While the tools are improving every day, they tend to generalize and produce flowery language that doesn't help job seekers. Besides, ChatGPT doesn't know what one did in their previous roles, so it often obscures rather than illuminates what recruiters and hiring managers need to see.
Customizing a resume for every job application is not necessary for most job seekers. Job descriptions are often owned and managed by the compensation team in large enterprises, and there are usually significant differences between the job description and what hiring managers are actually looking for. Therefore, any customization of a resume would be a waste of effort.
ChatGPT can, however, help in finding more precise language and maximizing real estate by making sentences more concise. It can also assist in ensuring that the resume strikes the right balance between results and responsibilities. While ChatGPT can be a useful tool, the final version of the resume should be rephrased in the job seeker's voice to make it authentic.