You may have heard that bookkeepers and accounting technicians are being automated out of existence thanks to artificial intelligence.
AI technology and tools like ChatGPT are transforming the world of work by automating tasks and improving efficiency. Unfortunately, the World Economic Forum identified accounting, payroll, and bookkeeping clerks as at-risk jobs that are set to become increasingly redundant.
But that's based on the notion that bookkeepers are little more than data entry clerks. For those who are eager to take on more analytical and advisory responsibilities, the adoption of AI can actually be a good thing.
The bottom line? Accounting professionals are still in demand, but the way they do their jobs is changing. Keep reading to find out how.