Question

Q: As an accounting professional, what can you do better than machines or artificial intelligence? If accounting and auditing standards are 100% rules-based without any judgment, would there be more or less accounting jobs for us?

Answer 1

Now a days there are many artificial intelligence are coming to substitute the people at work.

But no artificial intelligence can imitate the work of a professional. Why because the work of professional involves in making arts at some work .

The artificial intelligence cannot make arts on the work it can only execute the loaded data.

If at all the accounting and auditing standards are became 100% rule based there is a loss of employment to the people who has less knowledge .

But there is no job loss to the people having high knowledge that if they are able to execute all the standards with out the help of the artificial intelligence.

Even though all the standards are became rule based and all are loaded in artificial intelligence but the execution and implementation of standards are to be done by professional and the work done by artificial intelligence has to be valued and certified by a professional only.

So by analyzing all the above points we can say the introduction of artificial intelligence in accounting leads to unemployment to the low level employees but not for professionals