The more I work in accounting, the more I see that for artificial intelligence to really take over accounting processes from humans, there would have to be one powerful unified system for everyone (i.e., companies, individuals, and governments) to be able to eliminate the human control factor.
It seems to me that the provider of such software would de facto rule the world. And the word monopoly would no longer be sufficient to describe this type of activity. I would treat this text as a science fiction one. Sometimes, I like to wonder about my professional activities (remember, my Dear Friend, that I am not a professional photographer or blogger, but an accountant) and imagine how the accounting world will look within the next ten or fifty years. Can AI replace humans? I believe the answer is not straightforward.
Undoubtedly, it can reduce the number of working people in accountancy (indeed, the world of finance is only a tiny portion of industries in which robots can replace humans).
I do not believe that Artificial Intelligence will eliminate humans from the accounting job. As I mentioned at the beginning of this text, to be able to entirely eliminate humans from the accounting world, all the systems should have been merged into one powerful unified system. This software would rule the world de facto. For today, I cannot imagine such a situation. That’s why I do not worry too much about the possible unemployment.
I will likely lose my job due to the global economic crisis or war, not the progress of developing artificial intelligence. Remember, my Dear Friend, that we, human civilization, created AI. Do I have to remind you that we all have defects and disadvantages, and everything that we make is imperfect? That’s why I do not believe in the perfect artificial tool that would solve all the accounting issues by itself.
