Human Resources to the Rescue
Human resources are set to play a crucial role in managing the employees in the workforce and finding areas where humans can play a better role, probably in areas where it requires complex problem-solving skills.
Even in worst-case scenarios, the human resources departments will have to ensure that the transition to AI-driven models is smooth enough that employees don’t feel threatened by its introduction.
Of all, identifying areas where existing employees can be transitioned with the implementation of tools like ChatGPT could be a challenging task for the HR departments. But if done right, it would be a win-win situation for both employers and employees.
ChatGPT Impact on the Global Job Market
Over the past few years, artificial intelligence (AI) and automation in the workforce have given birth to the phobia of layoffs across industries. While emerging technologies offer multiple benefits, including increased efficiency, accuracy, and productivity, it has started to kill jobs that are becoming redundant in today’s age. The arrival of AI-driven chatbot ChatGPT at a time when companies are looking to cut their costs to mitigate the impact of unfavoured macroeconomic conditions has increased the fears of layoffs in the workforce across the world. In this article, we’ll explore how ChatGPT has impacted the global job market.
While it could take a while to fully understand ChatGPT’s impact on the workforce and the job market, the early signs are both worrisome and promising at the same time. Let’s dive into the rise of ChatGPT first.