What to Watch For in 2023: AI, More AI, VR Learning and Upskilling

by Anna Munhin Feb 1, 2023 News
What to Watch For in 2023: AI, More AI, VR Learning and Upskilling
HCM Vision

There wasn't a lot of drama this year. Most people were happy to see a normal edge back into their work lives as the year went on. Sometimes the past is used as a starting point for the changes we have seen recently.

The most important trends this year are based on products that have been around for a while. Don't be surprised if you get a sense of repeat when you look at our trends in the next few years.

Generative AI

If you haven't heard of the artificial intelligence lab Openai, you're missing out. Technology professionals around the world have been talking about the app since it was released.

What distinguishes it from other things? It is possible to use raw data to create a clean result, such as a job posting or a video of a life in a particular workplace.

More than 20 million people visited OpenAI's website every month in January. It took less than a week for the page to generate more than a million visitors. It is serious traffic. There are a number of use cases that will be put to the test with the $10 billion investment from Microsoft.

Technology rose quickly when the bloom fell. Even with its most basic capabilities, it is certain to attract continued interest from professionals and managers.

Expanded Use of AI

More established artificial intelligence solutions are helping HR departments get work done in the future. HR teams are expanding the use of artificial intelligence. Artificial intelligence-driven data collection and analysis will play a bigger role in the future.

People-First Approach

Today's workplace is filled with stress. The study found that at least half of the U.S. workers experienced at least moderate burnout in the last two years.

Even more crucial is the creation of a people-first strategy, which addresses the mental, physical and financial needs of employees. It makes sense when you consider the benefits that come with it, such as increased job satisfaction, improved recruiting and better employee retention.

Earned Wage Access

With so many employees living paycheck-to-paycheck and dealing with inflation at the same time, many employers are embracing earned wage access.

There is no indication that the growth of EVA will slow down in the near future. Employers are concerned about providing ready access to earned wages. For another, businesses have found that offering EWA brings non-monetary advantages with it, such as increases in engagement and retention, and can be an effective recruiting tool.

Virtual Reality Learning

More innovative and engaging ways to improve L&D and collaboration have attracted billions of dollars in investments.

Many organizations are using virtual reality to help users step through real life scenarios. People learn with virtual reality four times faster than they do in the classroom, and grow more confident in applying the skills they have learned.

Upskilling Employees and Leaders

In order to succeed, organizations need to develop the knowledge of their employees. The skills that employees need to perform effectively and the skills that leaders need to manage an evolving workforce are two different things.

Employers should use technologies such as virtual reality and personalized learning more aggressively to address that.

Employee Experience

Managing the employee experience was chosen by half of the HR leaders surveyed. Almost as many people said they don't have compelling career paths to help attract and keep workers. More time will be spent on career pathways and aligning jobs with opportunities that will allow employees to advance.