AI replaces accountants

Joined
Mar 7, 2022
Messages
1
Reaction score
0
Country
Bulgaria
The term we are looking at is 2030.
Many accountants will go to retrain, but like what? - financiers, financial analysts? And won't they also be replaced by artificial intelligence?
All experts say - if something can be replaced by artificial intelligence, it will be replaced.
Which professions do you think in the financial sector will not be able to be replaced by artificial intelligence?
For example, if you are an accountant, what profession will you retrain in? Again, something related to finance or a completely different field of work
 

Attachments

Joined
Jul 29, 2011
Messages
39
Reaction score
3
Country
United States
Three things come to mind.

1) The shift to AI won't be instantaneous. It will be gradual. The speed of the shift is unpredictable, and it will vary for different facets of the industry. So, it's less a question of jobs being replaced by AI as it is AI changing how jobs are done. Which is to say that accountants don't need to pick a new career, they need to adapt as their chosen career evolves.

2) What these studies don't show you are the new jobs and opportunities that don't exist yet. As AI, and technology in general, improve over time new opportunities will spring up.

3) There's no telling what AI won't be able to do. The better question is what jobs will humans insist be done by humans?
 
Joined
Feb 17, 2023
Messages
9
Reaction score
1
Country
United States
The term we are looking at is 2030.
Many accountants will go to retrain, but like what? - financiers, financial analysts? And won't they also be replaced by artificial intelligence?
All experts say - if something can be replaced by artificial intelligence, it will be replaced.
Which professions do you think in the financial sector will not be able to be replaced by artificial intelligence?
For example, if you are an accountant, what profession will you retrain in? Again, something related to finance or a completely different field of work
I doubt AI is going to replace accountants. Accountants are mostly working on solving business issues. It also involves auditing. An AI computer can always get hacked and can always have glitches. It's not going to be error proof. I feel AI will be more used as a tool to automate tasks.
 
Joined
Jan 11, 2024
Messages
1
Reaction score
0
Country
United Kingdom
I think the way it may hurt the accounting profession is that like any technology, those of us who manage to leverage and use it well will be ahead of the game and some others may be left behind.
 
Joined
Feb 6, 2024
Messages
9
Reaction score
0
Country
United States
AI augments, not replaces, accountants. It streamlines repetitive tasks like data entry and analysis, allowing professionals to focus on higher-value activities like strategic advising and interpretation. Accountants now leverage AI as a tool to enhance efficiency and accuracy, reshaping the profession rather than eliminating it.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,646
Messages
27,602
Members
21,419
Latest member
dmcivv

Latest Threads

Top