So check this out, right, a third of business leaders are saying that artificial intelligence (AI) is gonna totally transform finance and accounting, man. This survey by bluQube, a cloud-based accounting software provider, found that people think AI is gonna streamline a bunch of boring tasks and free up time for more strategic thinking. And get this, almost two-thirds of the peeps surveyed say they would trust AI in finance and accounting. But here’s the thing, AI also poses some challenges, like making sure it doesn’t perpetuate negative stereotypes, ya know?
And listen to this, last year more than a fifth of business leaders thought blockchain was just “all hype and no substance”, according to separate research. It’s like, not everyone jumps on the new tech bandwagon right away, even if it’s all over the news.
Now, the CEO of bluQube, Simon Kearsley, is saying that the current perception of AI’s capabilities is affecting business leaders’ opinions. Some think it’s gonna replace finance professionals, while others see the potential for new types of roles. And he’s right, man. AI can totally change the day-to-day role of finance professionals, but it’s not gonna eliminate the human workforce. It’s just gonna empower accountants to provide better financial insights and add more value to the organizations they serve, dude.