Artificial intelligence (AI) is already present in accounting, and it will grow significantly as the industry continues to automate and reduce reliance on manual data entry.
As the technology evolves and machines become more humanlike, AI will significantly transform every industry. AI technologies like chatbots and search engine algorithms are being used every day. Accountants will benefit greatly from AI and can think of it as an assistant—possibly a super assistant—that will accomplish administrative tasks that can eat up significant amounts of an accountant’s valuable time.
AI is already being deployed on multiple fronts in the industry, and the number of applications will only increase. Get the details on how AI will change the way you work.