AI has without a doubt been the hot topic of 2023 and businesses everywhere are beginning to implement this emerging technology into their day-to-day operations – with many organizations trialing AI as a tool to transform their approach to performance management.
This application has been made possible by a growth in computational power which allows AI systems to analyze vast amounts of data and make predictions with high accuracy. Machine learning processes have been central to this evolutionary process, and they are deeply rooted in pattern recognition and statistical analysis abilities. One example of this evolution is ChatGPT which is an advanced AI tool that when prompted can generate relevant responses. ChatGPT shows how AI can be used as a strategic ally to augment human capabilities, and reflects the benefits of treating this technology as an ally, rather than something to be feared altogether.
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