Artificial Intelligence: A Tool for Optimizing Talent Acquisition
In the new phase of Industry 4.0, businesses, organisations, and industries compete in the labour market for the most qualified, talented, and dynamic people in this age of technical developments. With the rising use of technology, Human Resource Management has undergone a transformation. Several Digitally Disruptive Technologies have radically altered the existing systems and resulted in the development of new business models. The present paper focuses on the application of artificial intelligence in the talent acquisition process, which is one of the most important functions of human resource management. It investigates the use of artificial intelligence as a tool for managing diverse talent acquisition initiatives. It includes case studies of firms that have effectively employed artificial intelligence to manage their hiring and talent acquisition operations. It can be concluded that AI has the potential to improve the quality of the hiring process by matching the best candidates to the job requirements.