Question

The article has provided an assessment of the changes a manager will encounter in an organisation using AI, analyse the statement below found in the heading ‘What does AI mean for the worker?’ "Some experts believe that, as AI is integrated into the workforce, it will actually create more jobs – at least in the short term. Wilson said the shift toward AI-based systems will likely cause the economy to add jobs that facilitate the transition. "Artificial intelligence will create more wealth than it destroys" Evaluate how the statement above will impact each of the Human Resource Provisioning functions if properly managed. Provide benefits for each provisioning function evaluated.

Answer 1

The integration of AI into the workforce is expected to create new jobs, particularly in roles that facilitate the transition, and will impact Human Resource Provisioning functions positively by enhancing workforce planning, recruitment, and training and development.

Step-by-step explanation:

The assertion that 'Artificial Intelligence (AI) will create more wealth than it destroys' reflects a positive outlook on the integration of AI into the workforce.

When considering the impact of this statement on the various functions of Human Resource Provisioning, we can anticipate several benefits if managed effectively:

• Workforce Planning: AI can be utilized to improve forecasting and strategic planning within HR, allowing the organization to anticipate shifts in talent needs and respond proactively to the evolving labor market. This could lead to the creation of new roles that support and enhance AI systems, as well as transition programs for employees whose jobs are automated.
• Recruitment: AI technology can streamline recruitment processes, facilitating more efficient candidate sourcing and selection. Additionally, the demand for tech-savvy professionals might increase, creating a market for jobs that didn't exist or weren't as prevalent before, like AI specialists and data scientists.
• Training and Development: As AI becomes more integrated, ongoing training and professional development will become critical to ensure workers have the skills needed to work alongside AI. This can result in an increased focus on upskilling and reskilling programs, boosting job satisfaction and employee value.

These functions can contribute to an overall growth in economic wealth by optimizing human capital, fostering innovation, and leading to a more adaptable workforce.