Gen AI - Elevating talent with the power of digital technology

The event, organized by the Vietnam Software and IT Services Association (VINASA), focused on issues related to new trends in management and development of digital human resources in Vietnam today.

As an annual event, TalentX this year has the participation of dozens of prestigious speakers from domestic and international businesses, organizations and units. The event is also an opportunity for units to introduce and consult on the application of human resource management platforms and solutions (HRTech) with the goal of digitally transforming human resource management activities, helping Vietnamese organizations and businesses optimize resources and improve productivity and competitiveness.

Overview of the 2023 Human Resources - Technology Conference taking place on November 15, 2023.

According to published information, since the beginning of 2023, the global technology market has cut more than 94,000 jobs, companies such as Microsoft, Alphabet and Amazon, Meta, Google, Twitter ... have cut a large number of employees. However, the revenue and profits of these technology corporations not only did not decrease but also increased compared to previous years.

Experts believe that Gen AI (General AI) is playing a key role in bringing about this result, helping businesses optimize costs and resources while still ensuring business targets. Therefore, mass layoffs could be a sign of the birth of a new generation of workforce - Gen AI.

Mr. Hoang Nam Tien, Vice Chairman of FPT University Council spoke at the event.

A recent report also shows that more than 88% of global businesses have begun applying AI in human resource management, of which about 44% use AI to support screening and selecting potential candidates.

According to Mr. Hoang Nam Tien, Vice Chairman of FPT University Council, currently 70% of Gen Z can use Gen AI technology and this is the force that is being prioritized for recruitment globally, with 72% having Gen AI skills being recruited. Therefore, businesses will have major changes in human resource management, focusing especially on retaining Gen Z with AI skills to maintain development.

“ It can be seen that a new workforce is emerging and is rapidly penetrating the labor market, which is the “Gen AI force” - a force in the broad sense, including devices, automation software, Generative AI (eg robots, chatbots, chatGPT...) and Gen Z personnel with skills in using Gen AI ”, said Mr. Hoang Nam Tien.

Bao Anh

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