By relying on an artificial intelligence-based algorithm, Jacob Hsu, CEO of Catalyte, was able to help fill the talent gap. Catalyte, a software development company, was created to discover and develop diverse, affordable and sustainable technology talent for the world’s most forward-thinking companies. The AI algorithm helps identify outstanding individuals with the aptitude to become talented technologists. Catalyte then rolls out its proprietary talent transformation program that develops hire-ready software developers and digital media planners.
Hsu believes the labor market is broken and hurting businesses, communities and individuals. He said Catalyte and his work are dismantling the current job market that runs on biases, barriers, pedigree and resumes.
“By seeing people for what they can do, rather than what they have done, we can create a more inclusive and equitable world. My work with Catalyte is about helping employers see that the best choice for their business is also the right choice for society,” Hsu said.
Prior to founding Catalyte, Hsu was CEO of Symbio, a global software engineering and R&D services company. Hsu has grown Symbio from an early-stage startup to a diversified global IT services company. He was co-founder or founder of more than 30 other companies in the United States and Asia.
Hsu received his bachelor’s degree from the Wharton School of the University of Pennsylvania. He was named one of the Top 12 Young Global Leaders of Tomorrow by Chief Executive Magazine and Young Global Leader by the World Economic Forum.