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 Picking a major - Accounting, Picking a major

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SevenTwentyOne
post Jun 20 2024, 03:08 PM

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Go learn programming + LLM + AI

This post has been edited by SevenTwentyOne: Jun 20 2024, 03:09 PM
SevenTwentyOne
post Jun 21 2024, 11:05 AM

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QUOTE(OlgaC4 @ Dec 26 2023, 06:15 PM)
Waste time in accounting for degree. Strait go for professional course. ACCA

No ai can take away accounting
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Bookkeeping, yes AI can do it.
AI is still in its infancy when it comes to financial management.
Give and take +3 years with machine exponential learning capabilities perhaps AI can help on SAF (Suitability, Acceptability, Feasbility) with application of relevant business models (Porter, Mendelow's, etc)
Human is still relevant when it comes to applying whatever AI churn out in business context.
SevenTwentyOne
post Jun 24 2024, 03:54 PM

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QUOTE(hksgmy @ Jun 21 2024, 06:02 PM)
Ultimately, AI will gain more widespread acceptance across many sectors of multiple industries, especially as the technology matures. When that day comes, only the elite creme of the crop will hold their own against the onslaught of the machines. Accounting and its ancillary roles are not immune and will be affected.
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In a perfect situation, AI will somehow replaces most, if not all technical works.
At present, it didn't happen yet nor it will happen within 3-5 years IMHO as human is too busy bickering. But that's another topic altogether.
I always think that accounting is not a profession, but a skill. An essential one which should have been made mandatory in secondary school together with financial management. heh.

 

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