LinkedIn Enhances AI Features for Premium Subscribers

Yet another significant driver of profitability is AI-powered automation. It enables businesses to automate everyday activities, decrease human errors, and boost productivity. For example, in manufacturing, AI-driven robotics can increase production efficiency, whereas, in customer service, chatbots and virtual assistants can answer queries and support requests 24 hours a day, seven days a week.

Furthermore, AI provides predictive analytics, which assists large corporations in anticipating market trends and customer behaviours, allowing for better inventory management, optimised pricing strategies, and targeted marketing efforts. These proactive initiatives have the potential to enhance sales and revenue.

In essence, AI enables huge organisations to maximise the value of their data by automating processes and making educated decisions, ultimately leading to increased profitability and sustainable growth in today's highly competitive business environment.

LinkedIn is expanding artificial intelligence tools for paying customers

LinkedIn, Microsoft's business-focused social network, announced on Wednesday that it has over 1 billion members and is expanding artificial intelligence tools for paying customers. LinkedIn, which allows members to keep a resume-like profile of their education, employment experience, and professional skills, now ranks among the top social media networks among competitors such as Meta Platforms. 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 a 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 them 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 take away than a stock trader.