It is essential to understand how AI can create value in your business. To get the full assistance of AI, people must know how it cultivates and exactly what we its limitations. Some beings denote AI as “almighty” that will rule the business world, while some feel that it is nothing but a buzzword. But the truth lies somewhere in the middle. Let’s check it.
Artificial intelligence is a gamechanger in the recruitment industry.
Do you concur?
I am sure you do, and I am sure you have suffered this. While technology exponentially improves the performance of recruiters and HR professionals, the committee is also obliges it easier to close more jobs and meet personal KPI.
The potential impact of AI is the hot topic of debate. Though AI is transforming the recruitment process, we cannot deny that with every innovation, one can build stories due to fear. We, as humans, look for a change curiously but take a while to adjust with it. Fallacies come along when you think about adopting a implement or software. Thus, it is important to bust these illusions before they restrict your business growth.
I am writing this article to share a real viewpoint towards these concepts and facts shared by industry managers. You are well aware how the new generation is using recruitment analytics answers to streamline the hiring process.
Read this article to see how people leave old stories with brand-new realities.
Also Read: Made for Each Other: AI& Talent Acquisition
Myth No. 1
AI Eliminates the Need of a Recruiter
HR professionals feel that companies will not require recruiters formerly AI takes charge of assignments. While automation lessens the HR treats with a few sounds, recruiters think that companies will soon start relying on AI and their capacity will be finalized.
Reality
70% of boss envision AI in supporting humans in ending business treats .
We all believe that the decision of hiring a candidate respites solely with the HR manager/ recruiter. While AI can do miracles by simplifying the recruitment process, recruiters will always have the final word. Too, AI introduces a major change in the way you work and helps you in focusing on high-value assignments.
In result, you close jobs soon to meet extra money for trips and save go for entertaining& family.
Myth No. 2
AI Means the Intent of Human Intelligence
Organizations will depend on machine intelligence. It is a myth that humans will not get a chance to use their intelligence and have to rely on the way machines work.
Reality
It is a fact that humans are the brain behind the innovation of machine intelligence. And a human mind will always be behind the expansion you will see in AI and technology.
It is just like AI-driven Dishwashers or Washing machines. They help the family to have quality time together rather than spend it on some low-value task. Similarly, AI will act low-value tasks, and you can handle projects involving tending, leading to quality work-life balance.
Myth No. 3
AI Means a Robot
People think that adopting AI conveys wreaking robots to the workplace. They be suggested that robots will supplant craftsmen.
Reality
We have a lot of robots around us. Closest one is smartphone and others such as home automation, Smart TV, Alexa, etc. These are devices which patronage us. Thus, AI does the spell in the background and are still in personal computers system.
Myth No. 4
AI, Deep Learning and Machine Learning are the Same
All these terms represent the same meaning and perform the same functionality.
Reality
While these expressions are used in the same context, they have a different implication. AI is a technology which has human-like intelligence. It can manage or speak text-based conferences. Machine learning consists of algorithms that computer systems use to perform specific tasks. And deep learning is from machine learning family based on artificial neural network.
Myth No. 5
AI Increases Business Costs
Many HR professionals be suggested that investing in AI develops in sizable overheads. Relying on AI means more money will go out of your pockets.
Reality
There is a 35% higher payment when the recruitment process is not automated .
The truth is that your business payments reduced by if you borrow AI. It will lessen your recruitment process and save time, which can be invested in other tasks. AI not only saves fund but too becomes your collaborator to manufacture more coin. So, it is an investment to hire development partners , not a cost.
I am sure this article is able to crack the stories related to AI.
Can I establish you how AI implements can help you hire the best candidates?
What are your views on this subject? Share with us in comments.
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