Telenor’s Predictions

AI to transform employment pattern

Special Correspondent

2 July, 2020 12:00 AM printer

Norwegian Telecom giant Telenor has predicted that artificial intelligence (AI) holds the key to transform the employment game for the betterment post-pandemic of COVID-19.

By processing comprehensive background information about employers and potential candidates, algorithms will filter out unsuitable positions and candidates, and connect the right seekers with the right employers, it said as a findings of Telenor Research outlines three key predictions that would characterise new world of the post-pandemic.

“The speed and accuracy from AI headhunting will not only reduce time and money spent searching for jobs and new employees, it will also reduce turnover as the chances for a ‘perfect match’ between both parties increases.”

On a scale like no other, the COVID-19 pandemic has accelerated global social and economic change that would otherwise have taken years to realise. Today, we witness countries all over the world taking calculated risks as they ease societal restrictions. However, there is no such thing as going back to normal, asserts Telenor Research.

As Telenor’s research arm, the team has taken a step back in order to look forward, identifying three key predictions that would shape our new, post-coronavirus reality.

As the pandemic forces many typically office-bound workers to work out of their homes, we see that this has opened people’s eyes to the possibility that traditional office complexes are not so essential after all.

The post-pandemic cities will see fewer traditional office complexes and more hubs, and as a result, become increasingly environmental and pedestrian-friendly.

Along with the lockdowns came economic consequences. While millions of jobs were lost, we also saw new types of jobs emerge to cope with unique needs stemming from the pandemic and the new limitations on immigration. AI will help workers keep up-to-date, identifying critical competencies they need to train themselves in to prepare for the future and the ever-changing job market.

“The COVID-19 pandemic is leading us all to think out of the box and accelerate changes in the way we work, the services we deliver to our customers and the role we play in society. Some of our social and economic behaviours will change, so this is the time for governments and leaders to rethink and assess what should stop, what should start and what needs to be accelerated as we step into a post-coronavirus future,” says Gorm Andreas Grønnevet.