Kevin Markarian is the cofounder of Roopler, an AI-driven lead generation platform built for the real estate industry. Artificial intelligence is rapidly upending how people do business across industries, and yet skeptics still abound. But is there really a reason to fear AI? AI will change how we work and do business, and its impact is already being felt. Still, that doesn't mean it is something to fear. On the contrary, business managers and leaders who embrace AI and harness its potential now have everything to gain.

Tesla CEO Elon Musk has confirmed the next event for the electric vehicle maker for next month when it holds its artificial intelligence day on August 19. The enigmatic tech exec, who often shares news on social media, took to Twitter late Wednesday evening to announce the event. It's unclear exactly what the company will show off or discuss, but Musk added that the event will focus on recruiting the best talent to work for the Palo Alto, California-based company. 'Convincing the best AI talent to join Tesla is the sole goal,' Musk said in a follow up tweet sent early Thursday morning. It's unclear exactly what the company will show off or discuss, but Musk added that the event will focus on recruiting the best talent to work for the Palo Alto, California-based company Tesla does not have a traditional press office and a tweet to Musk was not immediately returned.

Many Japanese companies have already shifted to online interviews and seminars for recruiting new employees due to the coronavirus pandemic, but some have gone a step further by testing artificial intelligence to efficiently hire talent. But while companies see the benefits of AI, such as standardization in the hiring process and saving recruiters' time by automating high-volume tasks, they are still far from relying completely on the technology due to concerns about it yielding inappropriate or discriminatory decisions. "Using AI in screening tens of thousands of applicant resumes has helped us cut total labor time by 75 percent. From May, we have also started implementing AI in assessing videos sent by applicants," said Tomoko Sugihara, director of recruitment at SoftBank Corp. "Extra time that has been created thanks to AI allows recruiters more time to proactively engage with potential candidates in person, build relationships and carefully determine the candidates' culture fit," Sugihara said. The major mobile carrier, which hires more than 1,000 people a year, has trained AI with data from 1,500 past resume sheets.

Namita Pandey from Cambridge Assessment English introduces Linguaskill a new English language test with Artificial Intelligence capabilities and explains how it's really helping recruiters meet this challenge head on. How do you recruit talent with the English language skills they need to succeed? How can you ensure your existing employees get the training they need to improve their English? This is a challenge for HR professionals and there is a growing demand in the recruitment sector for an effective solution that takes the guesswork out of assessing English language skills for the workplace. The importance of English for business has become more prevalent in the last decade. This is because more and more organisations are realising that good English language skills are essential for fostering international commercial relationships with colleagues, customers, partners and global organisations across the world.

Chunghwa Telecom (CHT) plans to launch a large-scale recruitment drive in 2019 as it expects to see an unprecedented wave of up to 5,000 of its employees applying for retirements over the next five years. As many as 1,600 jobs would be available at the Taiwan-based telecom carrier in 2019, according to company chairman David Cheng, who added that the number of new employees hired each year will be over 1,000 for a few years after 2019. However, to cope with changing industry developments, including the forthcoming 5G era and increasing competition, the company plans to hire more talent with expertise related to AI, big data analysis, IoT, mobile payment, 5G and information security, Cheng said. Including its subsidiaries, CPT currently has about 33,500 employees.