HR Tech cube
by on April 15, 2024
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A new era is approaching in the world of personnel—the era of information, powered by AI. With technologies such as ChatGPT lighting the path, generative AI has become an excellent tool for efficiently extracting critical insights from vast rivers of data within businesses. As companies enter the world of large language models (LLMs), they get the capacity to easily combine data from many domains such as HR, finance, and employment. This stream of data, once harnessed by LLMs, is easily accessible to any employee, changing information retrieval and empowering the workforce like never before.

 

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1. Evolution of the Intelligence Era
The rise of generative AI marks a substantial shift in both the technologies deployed and the culture of authorship and consumption. Businesses can use LLMs to extract information from a variety of sources, which is then accessible with a straightforward query. It means that each employee may access the information they require, increasing accessibility, collaboration, and the overall productivity and efficiency of the organization.

For instance, if a salesman requires customer or product information, they do not need to sift through databases or communicate with several people. Instead, they can communicate with a company chatbot powered by artificial intelligence. Not only does this make it easier to find what you're looking for, but it also promotes employee connectedness, saving decision-making time and, ultimately, adding value to the organization. There are few jobs that generative AI does not improve, but human resource workers in particular stand to benefit greatly. HR business partners may make better decisions about what their teams need to succeed by having more visibility into pay levels, retention rates, and employee engagement.

 

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