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AI Software and Human Workforce

February 20, 2023

Artificial intelligence and contemporary software are undoubtedly the future of business. Yet, you cannot guarantee success for your company simply by integrating AI in it. AI as an enhancement to human experience, rather than a replacement of the human workforce.

 

Understanding AI

When we think of the term ‘artificial intelligence’, it is often associates with the downsizing of employees. A Forbes article suggests that this term is very loosely described today. Artificial intelligence is not just any tech software. It is a program which has the ability to make decisions and judgments based on the knowledge available at its end. Sophia, the AI robot, is an ideal example in this case. Everything it says or does is based off the information available online. The information gathered is saved and then used to improve performance with time.

 

How it impacts a workplace?

Companies around the world like Walmart and Uber are incorporating AI in their operational processes more than ever before. This doesn’t necessarily mean downsizing. AI software is playing its role in all facets of an organization from training and development to improving the experiences of an employee itself. With the operational tasks taken care of, the human resource of these companies has more time and energy to be invested in strategic areas of the organization. In simpler words, AI is the route to improve the organizational efficiency, by bringing out the best in its human workforce.

 

While AI is being employed more, the importance of human workforce is not diminishing either. The role, however, is shifting from operational to more strategic work. Moreover, since AI works on the data fed to it, there can be deviancy in results if the data intake is flawed in the first place. The point to note here is that artificial intelligence and tech advancements might lessen the need of employees in some areas, but you can use the same employees in other areas where they can play a more crucial role for your organization.

 

The impact of AI on business

According to a report by the McKinsey Global Institute, artificial intelligence has the potential to incrementally add $13 trillion US dollars of value by the year 2030. As AI becomes more proficient in analyzing mountains of unstructured data such as text, image and video companies can learn more insights from the data and make better or even autonomous decisions in budget and resource allocation. Business and employees alike need to be prepared for this trend which is likely to be widespread as well as the regulatory and ethical issues that will come with it. The world is going digital with more and more corporations and cities adopting smart solutions. Always ahead of the curve.

 

Conclusion

AI is far from downsizing your human workforce. It is about bringing the best efficiency to your company’s operational tasks while displacing human workforce to areas where its skills can be better enhanced to complement your company. In short, you can move forward with both, AI software and human workforce, working hand in hand with each other and still benefit your business on the whole.

 

Would love to hear your thoughts on the article in the comments..

February 20, 2023

Top HRMS Solutions for Large Businesses

December 26, 2022

In the last few years, business practices have drastically changed. The use of technology is increasing rapidly, and operations are heavily digitalized in almost all industries.

Like all other business processes, the HR management system has also evolved and the latest digital human resource solutions in Pakistan have been introduced for better employee management. Almost all the top HR firms in Pakistan have now shifted their HR processes to HR management software. And favorably, this shift has greatly supported businesses in achieving efficiency and precision in employee recruitment and performance tracking processes.

HR technology solutions also help businesses manage payroll, taxes, benefits, and employee training more efficiently. Delivering the best HR services in Pakistan, Decibel HRMS is a one-window, cloud-based, smart digital solution to manage your organization’s HR processes on a single platform. It allows you to seamlessly automate and organize the daily HR functions of your business, saving precious time, money, and effort that is better placed in your core activities.

Hence, Decibel provides the best HR solutions for large businesses in order to simplify complex business structures and maintain smooth operations.

December 26, 2022

Using Technology to Improve Talent Management

December 26, 2022

The Technological Revolution is considered to be the third global revolution to take place, with the first being the Agricultural Revolution and the second being the Industrial Revolution. Globalization is the offspring of this revolution, providing people with a time-saving process of communication and interaction via technological means in today’s world.

Technology not only makes communication easier but also aids in data collection, sharing, protection and quick decision-making. Tech usage has become an integral part of the workplace and is synonymous with efficiency, like Human Resource Management.

Here are some ways technology positively impacts talent management

Flow of information

Due to technology, one singular location, like a portal or cloud-based access point, can be created that saves information, which individuals can access at any time. This would help in increasing efficiency, the flow of information and time management.

Coordination

It is very difficult to manage different departments simultaneously. Creating different portals or groups helps disseminate information to various departments. Let’s take the example of a group presentation: Everyone is given a different task or segment within one presentation. Make one presentation on Google Slide Share, which everyone can access, edit, add or remove at any given time. The presentation would be on cloud storage and everyone will have access, saving time and keeping everyone on the same page.

Efficiency

In 2019, a majority of repetitive work is done by systems and software that either structure everything or aid employers and employees throughout. Employees start becoming more efficient due to this and save a lot of time.

Conclusion

Decibel understands the need for technology in revolutionizing the way we work; this is why Decibel introduced, a complete Human Resource Management System (HRMS), which reduces manual labor, and operational costs and is a single source of verified employee data.

For details, please visit our website: www.decibel360cloud.com

December 26, 2022