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Artificial Intelligence is Reinventing Human Resources - Here's 9 Ways It Does

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According to IBM's survey of 6,000 executives, 66% of CEOs believe that cognitive computing can drive significant value in the Human Resource domain. About half of the HR executives back that up, saying that they recognize that cognitive computing and AI has the power to transform various crucial areas of Human Resource. Also, 54% of HR executives believe that AI or cognitive computing will affect their key roles in the HR organization. The Human Resources Professional Association (HRPA) reported in a survey that about 52% of respondents indicated their businesses were unlikely to adopt AI or cognitive computing in their HR departments in the next 5 years or so. Also, approximately 36% believe their company was too small to do it, while 28% said that their senior leadership didn't see the need for such technology in the near future.


Impact of RPA on the Existing Workforce and Workplace

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With current technologies like artificial intelligence, machine learning and data analytics being democratized in everyday applications, the IT industry has almost successfully transitioned into the Digital Era. When talking about digitization, one idea most industry leaders agree upon is that automation is the need of the hour. Along with other new age technologies, Robotic Process Automation (RPA) too has made a mark in the IT industry and according to Gartner 85 percent of big organizations will have deployed some form of RPA by the year 2022. While RPA is meant to bring about efficiency and reduce errors made in mundane and tedious work done manually by humans, it does give rise to the question of will there be a loss of jobs in the IT industry due to democratization of RPA. Automation, a popular emerging technology has an assured place in the future of global businesses.


Impact of RPA on the Existing Workforce and Workplace

#artificialintelligence

With current technologies like artificial intelligence, machine learning and data analytics being democratized in everyday applications, the IT industry has almost successfully transitioned into the Digital Era. When talking about digitization, one idea most industry leaders agree upon is that automation is the need of the hour. Along with other new age technologies, Robotic Process Automation (RPA) too has made a mark in the IT industry and according to Gartner 85 percent of big organizations will have deployed some form of RPA by the year 2022. While RPA is meant to bring about efficiency and reduce errors made in mundane and tedious work done manually by humans, it does give rise to the question of will there be a loss of jobs in the IT industry due to democratization of RPA. Automation, a popular emerging technology has an assured place in the future of global businesses.


Is Artificial Intelligence the Ultimate Alchemy for HR Managers?

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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.


The Future Is Now: Artificial Intelligence In The Workplace

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Artificial intelligence (AI) in the workplace is revamping many processes both in service and production. It is redesigning whole industries and transforming our economy. From how we interact with brands as customers to how we carry out hiring processes and execute tasks, AI technology in the workplace is driving digital transformation. Leadership in the digital age requires a solid understanding of the prominent role that task automation will play in the years to come. By complementing human labour, machines are contributing more and more to productivity and, to economic growth.