Tag: AI in HR

The advent of AI in the workplace necessitates a shift in HR priorities, particularly towards employee well-being, as the World Health Organization estimates that depression and anxiety cost the global economy around US$1 trillion each year in lost productivity.

While AI is transforming HR functions, the data suggests a more nuanced future where human expertise remains critical, especially given that poor employee mental health costs Singapore an estimated SGD 15.7 billion annually. AI will likely augment, rather than fully replace, HR professionals, allowing them to focus on strategic initiatives like employee well-being.