QUOTE(Liamness @ Jun 7 2021, 02:05 PM)
very very few and far inbetween.
The AI is cutting 1000s of jobs. Nowadays, accounting firms only need to employ 2 maybe 3 people to oversee the backlog and vet that the AI is functioning properly. If got issues, they will just refer to the software engineer or data analyst to figure out what happened. The accountant also needed for official signing purposes only. Their role become like the Agong. Sit at the throne, & shake legs. The rest of hundreds maybe even thousands of staff are no longer required anymore. So honestly, only the cream of the crop & people who are established within the industry will get to keep their jobs.
Everyone else, any new grads, and more will likely be told to go find work elsewhere. Most will likely end up at macdonalds flipping burgers.
Same can be said of finance background people.
Better reconsider doing accountancy or finance course. Those traditional jobs are fast disappearing in this new age of technology and automation robots.
The only future proof jobs in this new tech driven world are the jobs that are developing this AI technology. Which are engineers & IT professionals.
I would still choose to become an engineer over IT because the engineer is usually the one in charge of the entire thing. From conceptual design, building, and even implementation and execution of the technologies involved. Meanwhile, IT grads are like the new age draftsperson. Instead of working on detail drawings, the IT coder is now tasked to work on coding the software and they are explicitly told what to do by the engineer who oversees the entire operation and implementation.
Engineers & Architects will still rule this world. As long as technology is what is driving human civilisation, engineers are the master-minds and the leaders.
Don't believe me? Just go search up the background education of CEO of most top companies. Their background will likely started from engineering expertise.
From your statement that an accountant is only needed for official signing purpose, we can conclude that your understanding of the accounting profession is indeed very basic. Either the scale of the company that you have seen is small, or you come from the future. As of now, no accounting firms can employ 2-3 people to audit a proper company.
A modern accountant's role is not limited to bookkeeping. Automation can only takeover part of an accountant's tasks. In fact, automation is welcomed because it eliminated human errors and freed up a modern accountant's time to perform other tasks.
As of today, bots cannot:
1) Determine the optimum capital structure of a company
2) Determine the optimum group structure of a company
3) Determine the optimum deal structure in an M&A / JV etc
4) Launch cost saving initiatives for the group (tax savings, logistics etc)
5) Help my negotiate with external parties
Bots simply do not have the business acumen to replace me as of today.
But its ok. We can see that all thes facts do not matter to you because you are here to seek validation that you are intellectually superior as a human because you are an engineer. We can feed your ego. Technology is indeed truly what changes the way we live. If you are the chief engineer at Tesla, Google, or even SEA tech companies like Grab, hats off to you.
All hail Liamness the holy saviour of humanity. He who passed a 4-year engineering degree.