AI: INNOVATION OR DISASTER IN REFERENCE TO HUMAN CAPITAL

Abstract

Collecting reliable data and analyzing it for use in business growth and daily operations is crucial in today's competitive industries. Artificial intelligence enables the completion of tasks in the industry more quickly and effectively. Artificial intelligence is becoming more prevalent in areas like Departments of marketing, finance, human resources, and production. Organizations can inform their current performance and daily operations by deploying AI systems. Due to mounting commercial pressure, harsh managers recognized the value of artificial intelligence in the workplace. The nature of the research article is descriptive. The researcher used secondary data, which was information gathered from research papers, books, websites, blogs on human resources, survey results, etc. The study's main goals were to analyze artificial intelligence's position in the human resource department and comprehend its difficulties. According to the research study's findings, robotics companies can perform a greater range of human resource department tasks thanks to AI. Researcher concludes Recruitment, hiring, data analysis, data collection, workload reduction at work, and improved workplace efficiency is certainly helpful to some extent but full reliability on robotics will not be a good decision. Human Capital cannot be fully replaced by AI.