Today we are proud to bring you the fourth edition of our Talent series. We are taking an in-depth look at this essential element of any successful modern business, exploring it from all perspectives. Our aim is to gain a better understanding of talent, the impact it has on the workplace, methods for nurturing it, and ways to make the most of it.
Artificial Intelligence (AI) has been widely celebrated as a revolutionary technology that could potentially transform our society. Whilst there are a variety of narratives surrounding this, ranging from the optimistic view of AI ushering in a new era of enlightenment to the more dystopian idea of a Matrix-like future, it is important to consider how talent perceives AI and the potential positive benefits it could bring.
As the use of artificial intelligence (AI) increases, so too do the worries surrounding its potential effects on employment. There is an understandable apprehension that AI may replace humans in the workforce, and this is one of the three main barriers to mainstream adoption of AI, alongside company culture and complexity. However, it is important to note that AI can also create new jobs, increase efficiency, and open up new opportunities for employees.
It is beneficial to not dwell on the failure of doomsday predictions surrounding artificial intelligence (AI), as resistance to the adoption of new technology is nothing out of the ordinary. Instead, it is more profitable to consider how AI can actually enhance the standard of human work.
Effectively Using AI to Improve Performance
The notion that artificial intelligence (AI) could eventually supplant all human employment is an oversimplification. While this is a possibility in the long-term, we cannot currently view AI in this way due to a lack of the necessary intelligence to replace many human occupations. In fact, McKinsey conducted a survey which revealed that only around half of the +2000 operations within +800 vocations could be automated. While this could seem intimidating, it shouldn’t be taken as a sign that whole careers are likely to be replaced by automation. In fact, the same survey found that only 5% of jobs are truly automatable.
Research has found that physical tasks in highly organized and predictable contexts, as well as data gathering and processing operations, are amongst the most viable for automation. In contrast, vocations that involve management, consulting and interacting with stakeholders appear to be the least automatable. Furthermore, the paper suggests that 60% of the vocations studied have at least some operations that can be automated, which adds up to 30% of all tasks.
The results demonstrate that the integration of Artificial Intelligence (AI) into the workplace is not likely to be a cause of immediate concern in terms of job security for humans. It is probable that the current trend of introducing AI into specific parts of processes, whilst maintaining the majority of processes to be handled by humans, will remain. In other words, we can anticipate people and machines working in tandem.
Our initial conclusion is that Artificial Intelligence (AI) has the potential to act as a platform to assist people in furthering their own capabilities. If AI was to take on mundane tasks, it would leave people with more time to engage in activities which require higher-order thinking, such as creative problem solving, planning and strategizing. This could be extremely beneficial to the human workforce as it would free them from tedious and dull labor, and enable them to focus on developing their abilities in other areas.
Collaboration Between the Business World’s Best and Brightest
Deploying technology does not automatically guarantee the successful adoption of Artificial Intelligence (AI) as a means of enhancing performance. The integration of AI into business operations will not necessarily bring about an increase in the calibre of human staff. To ensure optimal results, it is essential that a structured plan is developed for introducing AI into the workplace, to ensure that human workers are not left to their own devices when working in conjunction with AI.
It is clear that the adoption of Artificial Intelligence (AI) is becoming increasingly widespread, and as a result, many organizations are having to consider how they can best support their most valued employees when it comes to progression into more senior roles. In this series, we have discussed some potential applications that could support this process of reskilling and professional development. Investing in training program for their employees could enable companies to gain the necessary talent agility to overcome the challenges presented by today’s business environment.
Organizations can benefit from reskilling and upskilling program in order to increase the in-house abilities of their workforce and to prepare for integrating AI technology. Adopting this “AI as a stepping stone” strategy can help to realize improved value for the business. With the majority of mundane tasks being handled by automated technology, it is imperative for employees to reskill and upskill in order to take advantage of the newfound freedom and increase their employability.
A Java development company could utilize artificial intelligence (AI) to automate a range of tasks such as code generation and review, bug resolution, testing and optimization. This would significantly reduce the amount of time spent on such tasks, allowing the Java developer to take on more projects or focus their attention on more specialized tasks that require their expertise.
Artificial Intelligence (AI) can be a great asset to businesses, providing assistance in the recruitment process and enabling them to make successful pairings between job applicants and positions. This is precisely what our AI-driven Staffing Hero platform at Works facilitates. By using sophisticated algorithms, the platform is able to assess the needs of our customers and assess the qualifications and traits of potential candidates, ultimately leading to a harmonious pairing.
The implementation of a streamlined recruitment process has a range of advantages for both our clients and our team members. By placing the right experts in the right projects, the quality of service and the chances of success are significantly increased. Additionally, the introduction of AI into the recruitment process has a positive effect on morale, which is essential for the motivation and long-term retention of staff, as previously discussed in our series.
It is important to be aware that Artificial Intelligence (AI) is not limited to just one application in terms of its potential to enhance employee engagement. By making use of innovative technologies such as Natural Language Processing (NLP), biometrics and machine learning, companies can gain further insight into their employees’ attitudes and morale. For example, by monitoring how people interact with each other, it is possible to detect subtle signs such as annoyance, anxiety and joy, and thus gain real-time insight into employee engagement. AI can also offer advice on how to improve engagement and reward those workers who demonstrate a high level of engagement.
It is important to consider the internal regulations of an organization when attempting to utilize Artificial Intelligence (AI) to increase employee engagement. Whilst some organizations may not be able to take advantage of this technology, businesses that have the capacity to be agile and recognize the importance of each individual employee to the success of the organization as a whole, have the potential to benefit significantly from AI. This clearly demonstrates the extent to which AI can enhance human resource management.
Greater than Just a Means to an End
Many organizations are still viewing Artificial Intelligence (AI) as an expensive technology that may be beneficial, but they could be missing a huge opportunity to enhance the engagement and productivity of their employees by not considering the potential of AI. This is a shame, as AI could be extremely beneficial for businesses, providing them with the means to be more adaptive and progressive, and better prepared to face upcoming challenges.
Artificial Intelligence (AI) is more than just a powerful tool; it has the potential to be a transformative force when it comes to developing internal talent and preparing organizations for the future. This is not a simple undertaking, but it can be achieved through careful planning and a re-evaluation of talent-focused initiatives, as well as the introduction of reskilling and upskilling program. Those that meet these criteria will be able to unlock the potential of AI to enhance their internal talent.