The HR Huddle Spilling the Tea on HR Tech - Will the AI bubble burst soon? Analyzing the $2 trillion drop in market value, ethical AI regulations, and possible financial risks for tech buyers.
In this episode of Spilling the Tea on HR Tech, Stacey Harris and Cliff Stevenson discuss the current state of AI in the market and break down the surprising drop in the AI market’s total value by $2 trillion - including its broader implications for businesses and consumers alike. The conversation touches on the role of regulation, particularly in the EU, its impact on AI usage in the workplace, and the need for a practical and measured approach to integrating AI into business operations.
Other topics covered include:
↪️ New partnerships and acquisitions in HR tech, including the acquisition of F2A by SD Worx to strengthen its market presence in Southern Europe and a strategic partnership between Upwork and Beeline to offer an all-in-one platform for managing contingent workers.
↪️ The launch of Paychex Flex® Engage, a new tool to foster employee collaboration and enhance the employee experience.
↪️ A quick overview of Employ Inc., one of the fastest-growing companies in the recruiting space.
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Stacey Harris
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Cliff Stevenson