Is Artificial Intelligence the Ultimate Alchemy for HR Managers? Posted on : Feb 14 - 2019

Artificial Intelligence and its allied technologies including Machine Learning, Deep Learning and Big Data have transformed day to day activities

Can Artificial Intelligence (AI) dream? Can those memories serve to enhance retention of learnings and help-built connections or patterns we could not do in a conscious state? What is also intriguing is the work being done in projects like “Deep Dream” which uses a convolutional neural network to find and enhance patterns in images via algorithmic pareidolia, thus creating a dream-like hallucinogenic appearance in the deliberately over-processed images.

We may indeed be in the cusp of the “next big thing”. But this is not new, AI pretty much has been at the forefront of all major conversations pertaining to technology over the past few years. From self-driving cars to intuitive virtual assistants, AI has been turning every science-fiction trope into reality. More fascinating, however, is the way AI and its allied technologies including Machine Learning, Deep Learning and Big Data have transformed day to day activities. This is especially true within the business landscape, wherein AI is contributing to widespread automation, transforming and enhancing day to day jobs.

According to a report by the World Economic Forum titled ‘The Future of Jobs 2018’, machines will carry out over 42% of all tasks that currently handled by humans. Technology, therefore, is set to lead the evolution of human jobs, which will, therefore, become more tech-centric and skills based. The major disruption caused in the jobs landscape on the back of evolving technology will change the nature of jobs, making work more streamlined and the output more efficient. Across industries, jobs will receive a leg-up in terms of timeliness and efficiency thanks to the application of AI. Here are some key ways that HR function will use AI to transform and enhance efficiency and productivity will delivering superior business outcomes and value to the organizations.

How Artficial Intelligence Transforms Talent Acquisition and Management

The technological evolution of jobs is especially valuable for HR managers who can significantly benefit from AI and Machine Learning. In the past, hiring involved tons of physical data, piles of documents and multiple rounds of interviews. Today, across the globe, HR teams are simplifying and streamlining talent acquisition and management by leveraging cutting-edge technological enhancements. AI allows recruiters to automate transactional processes and lay greater focus on tasks that mandate human intervention. These include conversing with shortlisted candidates, boosting candidate experience and adding value to the onboarding process. Here are some of the specific avenues within talent acquisition that are being transformed by AI. View More