International Human Resource Management In The New Geoeconomic Order And Artificial Intelligence
International Human Resource Management In The New Geoeconomic Order And Artificial Intelligence

Author(s): Mirjana Maksimović, Jelena Zvezdanović Lobanova, Ivan Nikolić
Subject(s): Economy, Supranational / Global Economy, Human Resources in Economy, Socio-Economic Research
Published by: Институт друштвених наука
Keywords: international human resources management; geoeconomics; human resource management; artificial intelligence; digitization
Summary/Abstract: Human resources management is an important business function in a company, and the human resources department has the task of providing assistance to other departments that make up the organizational unit. It has specific tasks including the selection of candidates, their socialization, motivation, care for further advancement through the company, but also training and acceptance of innovations such as digitization and artificial intelligence (AI). The purpose of this paper is to contextualize the development and implementation of AI and identify the scope and dilemmas when using it in companies. The goal is to demonstrate how artificial intelligence is applied in the field of human resources (HR), and see the possibilities, but also the contradictions that AI causes in companies. Based on the previous research, it can be concluded that there are many practical questions regarding AI in human resource management (HRM), while the literature offers few answers. The chosen methodological approach involves elucidating the problem, rather than finding a solution. The value of this research paper is that it integrates a literature review, the theoretical basis of international human resource management (IHRM), and contains empirical data from the databases of the World Bank, Eurostat and the International Monetary Fund.

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