As Staffing Industry Analysts reported, last year “companies processed $82.4 billion U.S. dollars (USD) in spend associated with the human cloud on a global basis.” Today’s business environment is defined by the fluidity of globalization. In a short span of time, technology has eroded many of the barriers -- physical and social -- that have separated people throughout the ages. We’ve entered a new era of work where our tools, processes and people function in “the cloud.” Rigid structures and[...]
It’s mid-January, so naturally, influencers across dozens of industries are rolling out their predictions for the year. The recruiting industry is particularly sensitive to new trends. Each year brings new buzzwords, technologies, and best practices that continue to change how we recruit. And if you’re in the talent acquisition business, you’d best keep up.
Too often, in my opinion, talk of virtual reality (VR) seems relegated to the realms of science fiction, video games, film and television. Virtual reality is no novelty. The real-world benefits and applications are already surpassing entertainment. VR resides in the domain of exponential technologies -- digital advances that are transforming the world through intelligent sensors, machine learning, robotics, synthetic biology and 3D printing. Consider the latter. Three-dimensional printers don’t merely produce models and art. They’re capable of constructing habitable living spaces, tools, prosthetics and even rudimentary food. Likewise, virtual reality is changing the face of medicine and education. It’s also strengthening diversity by bridging philosophical divides and empowering people to empathize with others. For all these reasons, VR represents the very real future of business, workforce development and talent management.
VentureBeat recently published an informative article about an aspect of artificial intelligence that we sometimes overlook: preparing our organizations to embrace and properly capitalize on the benefits that machine learning will offer. Alston Ghafourifar authored the piece. He is the CEO of Entefy, an AI-communication technology company, credited with developing the first universal communicator. While proponents extol the virtues of AI, detractors lament this greater reliance on machines in the workplace, and skeptics wonder about the role of humans in a digital age. The reality is the automation alone won’t render people obsolete or empower businesses to reinvent themselves overnight. We must acknowledge the opportunities and the challenges. “Given the accelerating pace of innovation of new technologies,” Ghafourifar writes, “it’s critical that you address the implications today so as not to get left behind tomorrow.”