Emergence of Artificial Intelligence

Dr.S.Sundararajan, Professor, SIMS

 Introduction:

       Emergence of Artificial Intelligence is progressively being experienced by us through the technology interfaces we use in our day to day life   Advanced technologies are finding their way into many functions . This article focuses on the influence of Artificial Intelligence and how it could potentially benefit our organisations. Artificial Intelligence helps in improving accuracy, measuring, undertake scientific analysis, enable decision making.

AI has a major impact on major areas like Health care, Individual safety and Weather. As we all know nowadays majority of women are suffering from breast cancer and even they are not aware of the symptoms and they are losing their lives but with the emergence of Artificial Intelligence sensor breast cancer can be easily detected and many lives can be saved, for Individual Safety there are Sensors for break and detection of distance between front and back cars and prevent accidents this  was implemented by Mercedes Benz at the  year 2013. It is also playing a key role in detecting the weather for finding accurate weather FedEx is one of the client for Accu weather for delivery of goods on time. Apart from this it also has an impact on hr areas.

AI role in HR Landscape:

    Talent acquisition, Compensation and benefit, Performance Management, Training and development, Workforce engagement, Workforce life cycle management.

AI role in HR vendor landscape:

Job advertising, Sourcing and screening, Assessment of candidate matching, Interviewing

Scheduling, Chat boat, Candidate experience, Onboard management, Leadership management, Learning, Career development, Well being employee engagement.

Global Challenges in the compensation and benefit space:

 There are Multiple data points for payroll, Multiple rule board system , Dependence of human, Regulatory compliance and business benefits.

Though it is AI is beneficiary it also  disrupting the world and also disrupting the HR General Electricals (GE)  appointed 112 members of team is appointed for query collection from 1.80 million people and after the implementation of Artificial intelligence all the 111 members are moved to other departments. In another firm because of using of Artificial Intelligence only 1 person is managing compensation and benefits for 476 employees.

Conclusion:

AI sits top of all the systems but it’s not replacing any systems. Industry is going to support and get support from Artificial intelligence. Some companies are  providing  AI tools, they can making money and supporting the process through efficiency and performance.

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