1. Could you tell us more about the AI innovations you are bringing to the show?
Using artificial intelligence to automate recruitment is a fairly new concept yet it has not gained much momentum till now. We are using AI differently than the competitors as their process is more towards reducing the manual work and not to use AI in facilitating decision making. We AIREC feel that AI could be put to a greater use by enabling AI to make decisions for us, just like the way we humans do in our organisations. We tend to enable Artificial Intelligence to learn the way users are performing recruitment activities and then apply the same pattern to let the machines make the decisions. This could save a lot of time, effort, and human resources while improving the quality.
2. How do you envision generative AI shaping the global economic landscape, and what repercussions might it have on individual regional markets?
Generative AI may disrupt the market in the near future. Numerous jobs that required specialised skills will be more accessible and in control to the layman. It will definitely speed up the economic growth while developing the AI industry towards further specialisation. Individuals will not be affected much since AI will mainly gain grounds within the untapped markets which will push individual regional players to raise their efficiencies to a newer level or be outplayed. This will give rise to more competition while enabling more choices for users.
3. As we look towards a sustainable future, what pivotal role do you see AI startups assuming across different global regions?
As technology advances so is our population and growth. AI startups with youg entrepreneurs having a lot of potential can be leveraged to find solutions towards sustainable future.
4. How can emerging AI solutions bolster the potential of new startups, and could this pave the way for the emergence of future industry giants or “unicorns"?
Startups have already been utilising the available AI models and data to fine tune their techniques and produce results or decisions that are helpful in making our life easier.
5. As AI startups strive for mass adoption of their solutions, what ethical concerns do you foresee as being most pressing?
Data privacy and data protection will become talk of the town. We still need to work a lot in this area.
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