When any new technology emerges, it invariably brings a mix of advantages and challenges. Same is the case with artificial intelligence. AI is a new and a revolutionary technology that has transformed the work pattern and the world of work. While some of the professionals are appreciating the integration of AI in the work systems, other managers feel that AI has impacted their imperativeness at work, and it has created a lot of challenges for them and treating it as a threat to their career opportunity. This paper investigates the multifaceted effects of integration of artificial intelligence in the HRM functions. The current research scrutinizes what is currently known and what is yet to be known in terms of the work tasks and the AI-based HRM solutions. The research provides a comprehensive understanding of the AI-based HRM solutions and the future of work making it of a great use for the policymakers, businesses, and workers alike.