Machine learning is no longer a futuristic technology that is spoken about in science fiction films and TV shows, it has become a part of our daily life. Although the name itself may be foreign to those who are not up to date with the latest technological advances, machine learning is already making a huge impact globally and its future uses have significant potential.
Machine learning is a process whereby machines can learn on their own by processing data and inferring patterns from them, meaning the machine can then make predictions based on that data, without being programmed. Despite its exotic name, it is involved in many of the processes we are familiar with. For example, the algorithms within machine learning systems allow us to see product recommendations on social media, recommended TV shows on Netflix, or suggested playlists on Spotify. It is also behind the voice and facial recognition systems that most people have access to on their smartphones, and embeds into search engine sites to show us what is most relevant to our needs.
Machine learning is embedded in society already, and there is no doubt that it will continue to grow and be used in innovative and exciting ways.
The effectiveness of machine learning and the accuracy of its predictions are being examined in areas such as medicine, insurance and the legal system, to name a few. However, there is also great potential for algorithms to be used by HR. For example, it can be used for managing applications efficiently and quick filtering of talent based on skill prerequisites that the recruiting team set. Through machine learning a wealth of processes including selection, training, promotion, and analytics can be made more efficient and unbiased, resulting in more accurate and fair outcomes.
Our latest move into machine learning came recently when we at Cornerstone announced our Content Anytime offering. Content Anytime is a progressive content subscription service that allows organisations to provide their employees with new, modern content that puts them in control of their own career development.
The service features more than 4,000 video-enabled, mobile-ready courses across a range of languages and topics for an organisation’s employees to develop both their “hard” and “soft” skills. It also uses machine learning principles, and recommends learning content based on the user’s use and feedback.
You can find out more about Cornerstone’s Content Anytime offering here.
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