Artificial Intelligence as a Strategic Partner to HRM 4.0

Abstract

New age automation technologies that are digital and disruptive in nature are penetrating all spheres and processes of the modern economy and corporate world with a profound impact and at a global level. The function of human resources too has definitely undergone a paradigm shift in tune with the pace of technologies changes, in contrast to what it was several years ago. In this context, a set of challenges and opportunities await the profession. Artificial intelligence stimulated and transforming job roles, in terms of redefined work roles and enacting newer skills and tools and preparing the workforce for newer challenges. Artificial intelligence will make our employees work easier; monotonous task can be further automated, and relevant information from a huge volume of data will be more identifiable. The HR department must take proactive steps to adopt these technologies and update itself in terms of necessary skill. The chapter shows the strategic partner role of human resource management and artificial intelligence. The chapter shows how AI impacts the role of HRM practices in changing economy.