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In a recent report, the Global CHRO AI Indicator Report, it was revealed that the fear of AI taking over jobs in the field of Human Resources (HR) is largely unfounded. The report, which delves into AI trends, adoption rates, sentiment, and challenges faced by HR professionals, indicates that a mere 5% of HR leaders express concerns about their jobs becoming obsolete due to AI. This finding challenges the widespread discourse that AI poses a significant threat to human workers. AI: A solution, not a threat Contrary to the anxieties surrounding AI, many HR leaders view it as a valuable tool to enhance their roles rather than replace them. Approximately 40% of HR leaders believe that AI can empower their teams to deliver more strategic value. This percentage jumps to 54% for those identified as “AI Pioneers.” Notably, 35% of HR leaders anticipate immediate benefits from AI in the form of support for performance management tasks. Additionally, nearly 3 in 10 respondents (29%) expect AI to contribute to increased revenue and profits. Daniel Pell, Vice President and Country Manager, UKI, Workday, emphasized the positive impact of AI on HR professionals. Pell explained how AI can streamline manual processes, freeing up valuable time for HR teams to focus on tasks that require human expertise. For instance, Workday AI users can create job descriptions in minutes rather than hours, enabling hiring managers and recruiters to allocate more time to search for top-quality candidates. Measured concerns While HR leaders are generally optimistic about AI, they do express some reservations. The report reveals that 47% of HR leaders are concerned about the trustworthiness of AI, marking it as the top concern among various functions surveyed. Specifically, HR professionals see risks in AI implementation related to potential errors (21%) and security and privacy concerns (20%).…

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Filed under: News - @ December 24, 2023 10:08 am