Social media has caused an explosion in the amount of data generated by people and businesses in the last five years. That has led to the rise of artificial intelligence and machine learning coupled with the input of humans to make sense of streams of data, according to experts on Argo Digital's panel Sunday at South by Southwest on "How Data and Machine Learning/AI Affect Risk Transfer in the 21st Century." Jason Abbruzzese, business reporter with Mashable, moderated the panel for Argo Digital, an emerging insure tech practice within property and casualty carrier Argo Group, based in San Antonio. By analyzing the data, all businesses are trying to make themselves smarter, said Andy Breen, senior vice president for Argo Digital and adjunct professor at NYU Stern School of Business and one of the panelists. Until recently, the tools did not exist to sift through all the data and extract insights that make a business operate better, he said.

There's no question that digital tech has dramatically changed our world. In the workplace, however, this technology can either amplify or hinder your productivity. The recruitment space is no exception. In fact, new technologies like artificial intelligence (AI) and machine learning are truly revolutionizing this space at a blistering pace. With so much tech out there, it's difficult to find software that actually adds value to your recruitment needs.