I know a lot of accountants. One is a chief accounting officer at a medium-sized tech company and she has already replaced about 5 people in her org with AI. She says she sees a lot of low hanging fruit in finance that will be replaced by AI at her company, by her specifically. I know another partner at Big 4 that is going heavy into AI usage as well. The idea that AI isn't good in finance and accounting is a myth.
Interesting how "low hanging fruit" always stops just below the level of the person doing the fruit picking. Check back with her when her own boss replaces her with an AI, and let us know how she feels about it.
It will work its way up the chain slowly.
Junior-level ICs are on the chopping block now, and senior ICs + middle management are next
Do you think that people should continue to be employed when their job is easily replaced by AI?
Maybe not, but we'll have to come up with something for them to do and some way to provide them with an acceptable standard of living.
Lmao this is absolute nonsense.
First of all accounting as a whole is incredibly broad. The fact you don’t recognise that in your post with nuance shows you have zero clue what you are talking about.
E.g llm’s are useless in tax auditing. How do I know this? My brother is a partner at pwc.
You are confidently uneducated in both finance and accounting. Dunning-Kruger is in full effect.