Will all accountants eventually be replaced by Artificial Intelligence? The answer is yes, as they are the oldest and the best educated, you would think. When there are computers in the office, there will be accountants. Maybe not, but who can say.
How is it that accountants stand the test of time? The reason is because they are incredibly intelligent, can relate to people, are very observant, and know how to build a rapport with their customers. In fact, if your accountants are giving you bad advice, it is your money, not theirs, that’s on the line.
Accountants are the cream of the crop in their profession, so it stands to reason that they will be around for a long time. However, there are increasing numbers of people across the globe who are looking at different career options, which means there will soon be another crop of accountants. Will they be as good as the last one, or perhaps worse?
There is little doubt that the rise of computers and the internet have created a great need for many people, but would that not create a great need for a successful accountant, someone who can stay ahead of the pack and identify and evaluate trends in the marketplace? There will be AI as well as IT systems that will be at the forefront of the software industry in the future.
Will these machines end up as I-teams that are like computers with Artificial Intelligence that will be able to use Android apps to search for recipes and to communicate with their friends? If that sounds far fetched, then there are other advanced applications that you might have never heard of. They can diagnose problems from a distance, even while sitting right next to you. Can you imagine?
Will accountants be replaced by AIs? The answer to this question is yes, and it is already happening today. Today there are over five thousand accountants who are working for the accountancy firm EY.
Accountants will still have jobs in the future. That is what the world has become; it is full of opportunities. However, there will be an influx of new people, so there will be new competition for the existing jobs.
Another area where accountants will find themselves in demand is in sales, which is predicted to grow faster than any other profession. By the end of the 21st century, the number of accountants will exceed that of accountants today. Will accountants be replaced by AI too?
It’s hard to say, as the demand for accountants will continue to grow over the coming years. When it comes to dealing with customers and making decisions on behalf of clients, the experts in this field know the ropes and they will only get better.
So if you are thinking about putting an accountancy job out there, why not put one out there now? This career is a great fit for you. Your career path is wide open.
Will accountants be replaced by Artificial Intelligence? Not necessarily, but what we can be sure of is that they will be a very important part of the workforce for many years to come.