Nobody can deny the impact of new-age technologies such as Robotics, AI and Automation on business growth. According to all leading researchers and tech analysts, AI and Automation are new catalysts of growth arriving from better productivity, efficiency and reduced errors. But, do these technologies find a similar sentiment among workers and managers? Are workers worried they’ll be displaced by robots in the future?
According to the latest report on how AI and Automation impact employee sentiments, only 12% of workers are concerned that AI and Automation will have a negative impact on their job. Also, 39% of the workers now believe that new technologies will have a positive effect, and 49% foresee no change at all. Robert Half published this report with an infographic.
On a digital platform, Paul McDonald, senior executive director, Robert Half, said, “People and their relationship with technology, or more specifically, how they work with and apply technology in new and imaginative ways, will help define the new world of work.”
Five Technologies that Employees Should Train For
At TecHR Series, we cover tons of trends and news updates from the HR Technology industry. Most of these editorial-pieces are focused on technologies that are significantly impacting the way businesses are ‘digitally’ transforming their organization structure and processes, and the way employees and workers deal with these technologies.
Here are five transformative technologies that are positively impacting business processes. We will dive deep into each of these technologies.
Process Automation
According to Robert Half survey, nearly 80% of the US-based managers are either using automation in some way or the other; or, they are expected to leverage automation in the next 4-5 years. Clearly, Automation would be the major tech evolution in the US-based industries.
Artificial Intelligence
The deluge of Big Data and Data Science algorithms have put AI on the driver’s seat in this HR Tech Evolution. All the fears creeping into the minds of employees are streaming out of AI taking jobs away. While AI and Robotics could certainly take away a bulk of physical tasks, but what about the ones that need mental and creative resources? While AI do all the thinking for human workers too?
Optimistically, AI should learn the human way, and humans will leverage AI to make every job human-centric. The chaos that we see today with HR Management, especially in Recruiting and Hiring, Employee Screening, Compliance and Payroll Management could all be mitigated with AI-based applications.
Internet of Things and Connected Devices
IoT-enabled sensors, Wearables, and the Connected devices could be the next step of all digitally-transforming workplaces. With Edge Computing and 5G technologies becoming prevalent in the US and Canada, workers and Managers could communicate seamlessly and safely within a protected, data-secured ecosystem of HR Technology.
Cloud Computing and Analytics
How can Cloud be any far when we discuss top transformative technologies of the 21st century!
The combined power of AI-as-a-Service, Data Science, and Cloud Computing are not just transforming businesses but also infusing workers with confidence. Cloud services and virtualization is pushing the wheel of the ongoing HR Tech revolution. Leading players in the ecosystem such as SAP, Oracle, IBM, Amazon, Cisco, Intel, Teradata, and HP are all eyeing the fertile fields of Cloud and ERP Services for HR Tech companies and customers.
Finally, Immersive Content and Hybrid Reality
Virtual Reality, Augmented Reality and Mixed Reality– they all have a unique position in the HR Technology landscape. HR Managers can leverage immersive content and 3D training and learning toolkits to train Managers, Workers, and Entrepreneurs outside a classroom atmosphere. 71% of the US-based managers are already using Immersive Content in their current roles; expecting this to grow at 15.6% Y-o-Y.
Conclusion
Employers should ascertain how implementing AI technology could improve and strengthen their relations with the workers. The future of workplace built on AI, Robotics, and Automation could certainly ease employer’s pains and ease anxious workers from learning and getting around new technology.