Technology

Machine Learning and Artificial Intelligence – What’s the Difference?
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There was once a man who ran a restaurant.  He was making steady income. Business was booming and he knew all his customers by name. Then one, fine morning, a young customer walked into his eatery and said, “Hello! I’m a data scientist. How would you like me to analyze your customers and help you understand how to make your sales better?’

‘That sounds great!’ said the owner, who was actually not keen to give a try. So off went the data scientist, collecting a ton of data about who was visiting the restaurant and why, and then a couple of weeks later, he came back with the answer. ‘So I have an insight for you!’ he told the excited restaurant owner.  ‘I can tell you with statistical certainty that the primary reason people visit your restaurant is because they really love your food.’

“But I know that already. What about the people, who don’t love my place. How do I best understand why they want to try my masala tea?” said the mystified owner.

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AI in HR – It’s True
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In layman’s understanding, artificial intelligence (or, AI) is getting computers to behave much the way humans do.

Artificial Intelligence has come a long way from being a geek’s dream to real life applications that have the potential to transform the way we conduct our business, including the serious business of managing human resources.

AI applications have conspicuously entered various facets of our lives, both personal and professional to such an extent that we are often not even aware of using a form of AI, and that’s an interesting phenomenon in itself.

Recent developments in artificial intelligence hold the promise of replacing the antiquated hiring systems and streamlining recruitment processes to make them more efficient. Here are some benefits of integrating AI:

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5 Tactics for an Effective Employee Performance Evaluation
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Here comes the performance evaluation time, and the rumor mill is in full swing! What is the expected percentage increase this time, and who will get promoted to the next level? Such questions are the common topics of discussion during coffee breaks in most offices. The anticipation is obvious, as it’s the only time of the annual work cycle when employee achievements would be taken into consideration.

While at some places performance evaluation occurs half-yearly, annual evaluation is quite common in most of the sectors. Yearly performance appraisal programs make it even more tedious for HR professionals to track overall performance of every employee, and do justice to the dedicated workforce.

According to Paul Falcone, author of 2600 Phrases for Effective Performance Reviews, “Employee reviews are a process that should happen all year long”.  According to her, it’s unfair to review just once in a year when employees are putting several hours around the year to fulfill their responsibilities.

While the review cycle is still a debatable issue, HR professionals and managers can adopt some tricks to make the performance evaluation process in their respective companies more productive than painful.

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Man vs. Machine
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So will machines actually replace human beings in the future?

It was in 1997, when Deep Blue, IBM’s supercomputer, defeated Gary Kasparov, the reigning world chess champion of the era that people started asking…

Is a machine actually smarter than human beings?

Will machines replace humans in the future?

This wasn’t about industrial machines that could lift up heavy material or pull metal that weighed metrics of tons. This was about the machines with cognitive abilities.

Yes, it was only to play chess that it was programmed; but this only emphasized the fact that a machine can indeed be programmed to think and act like human beings.

Many are still under the impression that the disruptive nature of the machines of the modern day, poses a risk to the human race, creating problems for big business. However, this is not true.

The main objective behind Artificial Intelligence is to help humans take advantage of the knowledge and resources available and solve the problems that matter the most by working together with these machines.

It is about achieving the right balance between human beings and automation to come up with the optimal outcome.

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Get more done in less time with office automation tools
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“Behind every successful business is an efficient Human Resource department”

“Investing in Automation software to operate our travel concierge business, which we run for Disney Destinations, was one of the best decisions we made. Now we have everything under control…

  • Managing our clients…
  • Sending emails…
  • Following up on payments…
  • Thank-you letters…
  • Preplanning questionnaires…
  • Sending travel insurance reminders…

…and even making monthly payments on a hundred other things.

At EasyHR, we use a battery of sophisticated software to automate all these routine tasks, tailored to match our clients’ requirements. We use it to personalize senior managers’ vacation plans; improve communication with their respective teams and focus on building their business networks. No more do they have to get involved in the mundane activities related to office administration.

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