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Artificial Intelligence (AI) has revolutionized talent assessment, offering new possibilities for evaluating candidates across various industries. From retail and hospitality to manufacturing and high-tech, AI provides rapid, comprehensive skill assessments that predict job performance. However, as we embrace these technological advancements, it's crucial to remember that certain talent assessment fundamentals remain more important than ever. This white paper explores five essential principles for effective talent assessment in the age of AI: 1. Job Relatedness 2. Industry Relevance 3. Effective Benchmarking 4. Interpretability and Explainability 5. Focus on Talent Development