As per a recent Digipoll survey on “Significance of Artificial Intelligence in HR Domain” conducted by Genius Consultants Ltd., an overwhelming 68% of India Inc believes the potential of Artificial Intelligence (AI) in overall job accuracy.
The nationwide survey, which covered over 825 participants, reports that 72% of respondents agree that using Artificial Intelligence in the HR process boosts HR Productivity and saves time as they believe that AI can automate many HR-related procedures and boost the effectiveness of the HR system through chatbots.
Over 44% of participants indicated that Artificial Intelligence -based chatbots are currently the preferred tool for initial interactions during the hiring process, which later also helps new hires settle into their responsibilities and understand the company’s many aspects, while 48% are skeptical about using chatbots as most people are yet to adapt with the developing technology.
In similar terms, the study revealed that 68% of participants did not think AI technology would be preferable for orientation and the HR process, as the implementation incurs huge costs and raises a concern about privacy.
In contradiction, over 63% of participants considered that AI technology was a big helping hand for employee onboarding and training as the technology could yield more impactful results at work.56% of participants voted that Artificial Intelligence would take over humans in the coming years. Most organizations are already implementing AI and other technological advancements in many areas, starting from identifying candidates with the right skillsets to payroll to manufacturing to customer management.
According to 75% of respondents, new hires should undergo automated and artificial intelligence (AI) training as it helps them to better understand corporate knowledge & rules and demonstrates that if the AI training process is well-organized and educational, the rate of attrition will decline too.R P Yadav, CMD, Genius Consultants Ltd
Commenting on the survey, “With the current scenario, Artificial Intelligence is the way forward for all the industries, including the HR sector. While it is considered to be a cost-center for the companies, it should be viewed as an investment for grooming resources.”