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AI also lacks critical thinking and can’t replace the judgment of a seasoned accountant. “A human professional can evaluate grey areas, offer strategic advice, and advocate for you in case of ...
A recent analysis by Bloomberg based on data from the U.S. Bureau of Labor Statistics finds there are 340,000 fewer accountants than five years ago, leaving the number of accountants and auditors ...
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Artificial intelligence (AI) refers to the capability of computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making.
Industrial artificial intelligence, or industrial AI, usually refers to the application of artificial intelligence to industry and business. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial ...
Artificial intelligence is used by many different businesses and organizations. It is widely used in the financial sector, especially by accounting firms, to help detect fraud. In 2022, PricewaterhouseCoopers reported that fraud has impacted 46% of all businesses in the world. [1]
Economist Nouriel Roubini: AI will eventually replace many jobs Economist Nouriel Roubini, also known as " Dr. Doom ," has a less optimistic outlook on AI’s future in business.
Swami Sivasubramanian, AWS Vice President of AI and Data, says that AI can be used as a tool for job promotion, not be a job replacement.