Generative AI hype will serve as a larger tipping point to determine how best to use AI in recruitment. Amplified regulations will lead organisations to be more vigilant. Elongated buying cycles will heighten the need for HR to be more cautious about vendors.
'This year, recruiting has been focused on leveraging new technology investments for talent attraction and engagement, enabling more streamlined worker transitions, and slowly consolidating the technology market,' said Emi Chiba, principal analyst in the Gartner HR practice. 'As we look to 2024, while these trends will evolve, we see new macro trends emerging that HR leaders will need to address.'
The threat of legal action relating to AI will only increase from here, according to employment attorneys at Parker Poe.
Artificial intelligence allows employers to automate a wide range of human resources tasks, including scanning resumes into usable data, conducting screening interviews and even suggesting hiring decisions. The promise of HR AI tools is compelling: better, faster staffing decisions made at much lower cost.
For now, however, that promise comes into conflict with a number of laws and regulations.
The field of human resources (HR) is currently undergoing a significant transformation, largely attributed to the rapid advancement of technology. In today's landscape, HR professionals have a vast array of tools at their disposal, enabling them to boost productivity, make data-driven decisions, and play a pivotal role in driving business growth.
Among the most profound technological impacts in HR is the integration of artificial intelligence (AI). Talent acquisition and management have witnessed a revolutionary shift due to AI. HR managers can now rapidly and accurately match applicants with open positions, thanks to AI-driven algorithms. Furthermore, HR departments are increasingly turning to chatbots for initial interactions to expedite the hiring process and provide a seamless experience for applicants.
In today's fast-paced business landscape, organisations are constantly seeking ways to gain a competitive edge. Amid this pursuit, one invaluable resource that often goes unnoticed is Data.
With the advent of technology and digitisation, data has become a goldmine of insights, guiding decision-making across various businesses. According to a report by McKinsey, organisations that utilise data-driven insights are 19 times more likely to achieve above-average profitability. Human Resources, traditionally seen as a people-centric domain, has also embraced this data revolution, giving rise to the field of people analytics - a game-changer that empowers HR to make data-driven decisions, revolutionising everything from talent acquisition to employee development.
The developer behind the popular open-source PostgreSQL database software, the PostgreSQL Global Development Group, today announced the release of PostgreSQL 16 that includes enhancements to security, scaling and performance.
PostgreSQL is a relational database management system, also known as Postgres, which is free and open source. It supports both nonrelational and relational data types and comes with features designed to protect data integrity and create fault-tolerant environments. It's also highly extensible and works well with extremely large datasets, which has made it a go to for the open-source developer community because it can also be used for artificial intelligence workloads.
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