{"id":78,"date":"2025-01-08T17:57:36","date_gmt":"2025-01-09T00:57:36","guid":{"rendered":"https:\/\/socelor.com\/classes\/?p=78"},"modified":"2025-01-08T17:57:39","modified_gmt":"2025-01-09T00:57:39","slug":"ai-in-accounting","status":"publish","type":"post","link":"https:\/\/socelor.com\/classes\/ai-in-accounting\/","title":{"rendered":"AI in Accounting"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/socelor.com\/classes\/wp-content\/uploads\/2025\/01\/pexels-prateekkatyal-2740956.jpg?ssl=1\" alt=\"\" class=\"wp-image-79\" \/><\/figure>\n\n\n\n<p style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.682), 20px);\">As I near retirement age, I had no interest in AI. I said to myself, it doesn&#8217;t effect me. Then I got a rude awakening when I started to research AI in my field of work, accounting. I already use several AI apps which I didn&#8217;t even know were AI. I also have an Alexa, which again, I didn&#8217;t realize was AI. I thought AI was such a scary world. I&#8217;m finding out it&#8217;s not so bad after all. AI is here to stay whether I like it or not, so I may as well embrace it.<\/p>\n\n\n\n<p>According to a blog post by rockcontent, it lists the pros and cons of AI. Let&#8217;s start with the pros. First it diminishes human error. Of course it does, it doesn&#8217;t get fatigued or hungry, it just pumps out information 24\/7. Secondly, automates repetition. My job has a ton of repetitive tasks that would greatly benefit of a good automation. Thirdly, it provides digital assistants. I don&#8217;t like this feature much. I would much rather talk to a real person than have to press a bunch of numbers to get to where I want to go or who I want to talk to. I guess I&#8217;m old fashioned that way. Lastly, it excels at working with large sets of data. I quote from rockcontent, &#8220;The more data available, the more AI is needed to make sense of it all in less time&#8230;It can both acquire and extract data rapidly, but that&#8217;s not all. From there, AI takes the data further with interpretation and transformation.&#8221;<\/p>\n\n\n\n<p>Now for the cons that are listed (and I&#8217;ve only included a few). First, it reduces employment. We see that once things become automated, it takes fewer employees. That is proven by what happened in the industrial age. Secondly, it lacks creative ability. This con is a given. AI is wonderful, but not creative and free thinking like humans. Which brings us to the next point, it has no emotion. I wrote an email today and asked AI to make it more creative. It sucked. It didn&#8217;t sound like me, or any other human. Maybe a really sappy human. Next, what about the huge amounts of data and how is the privacy and security thing going to happen. Privacy is a huge thing right now. So with the emergence of AI, there must be elaborate security systems developed to protect all this information.<\/p>\n\n\n\n<p>One thing for certain, AI can never completely replace humans. AI and humans make a great team. <\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As I near retirement age, I had no interest in AI. I said to myself, it doesn&#8217;t effect me. Then I got a rude awakening when I started to research AI in my field of work, accounting. I already use several AI apps which I didn&#8217;t even know were AI. I also have an Alexa, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-78","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AI in Accounting - AI in the World Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/socelor.com\/classes\/ai-in-accounting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AI in Accounting - AI in the World Today\" \/>\n<meta property=\"og:description\" content=\"As I near retirement age, I had no interest in AI. 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