According to recent research, accountants are ducted research; accountants are at the forefront of professions highly vulnerable to advances in generative artificial intelligence.
At least half of the accounting tasks can be accomplished much quicker thanks to technology; this is according to researchers’ findings.
Researchers at the University of Pennsylvania and OpenAI, who present ChatGPT – a popular AI tool – studied that nearly 20% of the American workforce, including mathematicians, interpreters, and writers, have jobs shaped by automation.
The jobs most exposed to these risks include repetitive tasks, customer service, and data analysis. However, it’s important to note that not all jobs are equally at risk. Jobs that require human skills such as empathy, creativity, and critical thinking are less likely to be automated.
To mitigate the risks associated with ChatGPT and other AI technologies, individuals and organizations must take proactive steps to upskill and reskill their workforce. This includes investing in training programs and fostering a culture of continuous learning.
Overall, while the rise of AI may bring about challenges, it also presents opportunities for businesses and individuals to adapt and evolve. By understanding the risks and opportunities of ChatGPT, we can navigate this new technological landscape and create a better future for all.
Source: WSJ
