Artificial Intelligence and Machine Learning in Human Resource Management: Prospect and Future Trends

Abstract

In the contemporary business landscape, the integration of technology, specifically Artificial Intelligence (AI) and Machine Learning (ML), has transcended from an option to a necessity for organizational survival and growth. This paradigm shift has not only streamlined business operations across sectors but has also brought about a revolutionary transformation in Human Resource Management (HRM). From supply chain optimization to talent development, AI and ML have progressively embedded themselves in various HR functions. HR professionals are recognizing the imperative to strike an optimal balance between human and automated work, creating more intuitive work environments that foster enhanced productivity and decision-making. This research paper delves into the expanding role of both AI and ML in HRM, drawing insights from secondary data sources such as research papers, publications, and survey reports. By shedding light on how AI and ML seamlessly integrate into different facets of HR, the paper emphasizes the growing importance of this integration and explores the prospects and future trends that these technologies bring to the forefront of human resource practices. As organizations navigate this dynamic landscape, the adoption of AI and ML in HRM emerges not just as a transformative trend but as a strategic imperative for staying competitive in the evolving business ecosystem.