Impact of Artificial Intelligence on Human Resource Management

In our fast moving and constantly changing world, new technologies are being discovered and implemented every day. Among them, Artificial Intelligence is said to be the defining technology of the 21st century. This technology is changing and is being predicted to change all modern industries and businesses forever. Artificial Intelligence is no longer a concept in the near future but is already here in certain capacities. The purpose of this paper is to show how Artificial Intelligence, when blended along with the existing workforce, will have a beneficial impact on Human Resource Departments. The positive impact of Artificial Intelligence will occur despite the potential challenges and concerns that its implementation may propose, like the fear of job replacement and so on. Artificial Intelligence will revolutionise and increase the success of current Human Resource practices, reduce administrative burden and assist in the decision making process, finishing tasks in shorter periods of time and at lower costs