Artificial intelligence, or AI, is a big opportunity for businesses. Some estimate that the technology will add $16 trillion to the global economy by 2030.
Businesses can use AI when hiring their employees. For example, companies can assess job applicants’ personalities by having applicants play games. These games alone can save businesses up to 250 hours and $20,000 per year in recruiting resources. HR software also can speed up the onboarding process by showing training videos to applicants very easily.
Luckily for business leaders, AI can also cut down on repetitive tasks, like paperwork (82%), scheduling (79%), and timesheets (78%), and boost sales. A whopping 30% of businesses will use AI in their sales processes this year.