23 January, 2018
Why Artificial Intelligence Is The Future Of Accounting
After decades stuck in research labs, artificial intelligence (AI) is ready for prime-time, transforming if not disrupting all the sectors of the economy that generate lots of data (big data), from tech to finance, communications, energy, healthcare, mobility or manufacturing.
More than most other industries, accounting hasn’t seen much innovation since the creation of double-entry bookkeeping – a process of recording both profits and losses – and considered one of the greatest advances in the history of business and commerce.
That was over 500 years ago!