Accountants have officially been put on notice.
>>62746320the bureaucracy purge might get to be the most entertaining purge of all time
>>62746320im seeing all these "Ai will replace everyone in two weeks" stroriesand yet noone ever seems to get replaced
>>62746329Yea well you don’t know anyone
>>62746329The company employing these people will fold retard. I can do my accounting without an accounting firm now. There's no one being replaced, the entire industry has been made redundant.
>>62746342there have always been computer programs fro that
>>62746351Let us know you didn't read the report without telling us you didn't read the report.
>>62746342Blah blah blah no one’s getting replaved you are a stupid nigger, sorry
>>62746355>No one uses the firms anymore>They disappearYour skin is the color of poop.
>>62746354lookif all these stories were rightwe would see 500k and more people getting fired every month and replaced by AIwhy arent we seeing that?
>>62746320I legit look forward to complete system crashes as greedy assholes think they can replace people with parrots.Look up "Danish housing evaluation chaos". You'll have a good time. There's so much if this shit on the way. Websites will get buggy, games crash, modern cars explode and corporations will randomly bankrupt because of errors.
>>62746329because companies use ai + indians then the old guard cleans up the mess. wages are stagnate but no ones getting out right replaced
>>62746360They will be getting fired, the job won't be replaced because the industry that employs them will just be absorbed by AI. You're mentally retarded and don't seem to understand how linear time works.
>>62746364so, we will see that in october?in november?or which decade are we talking about?
>>62746361>Websites will get buggy, games crashLMAOMore like the opposite as it cleans up the incompetent millenial-zoomer slop code. Try getting up to speed on things so you're not stuck in 2024.
>>62746320I bet an AI accountant won't recommend that you change religions to lower your tax bill.
>>62746360In my small business we are adopting AI but it seems to just lead to the bosses demanding that we perform even more work than before.
>>62746407grim
>>62746329They replaced them with jeets long ago. What they are really saying is "We can now replace the jeets"
>>62746407Same experience. They now expect 200% returns on work that still takes 100% to do that they understand 0% of how it's done. Then they use this on evaluations against you for not being "a team player" for not meeting their expectations based on sci-fi and movies.
>>62746329Because it takes time, companies are still stuck with excel after 40 years, it will takes years to establish AI workflows
>>62746320i don't have an accountant so he can work out how to avoid tax because i can easily do that myselfi have an accountant so someone else is pushing the button and telling the irs my figures are legitimate
>>62746329because accountants arent just black boxes you jam all your tax information intoThey also provide advice and help you navigate tax laws and obligations. Things like this vary from city to city and country to country
Heads upThere is a broken UNIX code on biz right now which is also messing up Crom It means new threads are being re-routed to existing posts. That's why we are only seeing bot-spam on the catalog the crom is currently set to Alaskan time rather than ET which it normally is.
>>62746389Models have been getting blatantly worse all year tho
>>62746320i personally sell AI to one of the Big 4 firms they aren't firing anyone.instead they're using the efficiency gains to go further downmarket and take on more clients.they would be fucking stupid to fire accountants because one of the other 3 would immediately hire them and go after any client relationships that accountant has through them.there's massive amounts of work they can start to take on that they've had to turn away before and let smaller firms go after instead.companies will still always hire big 4 accountants because you need a human to sign off on the audit.if your company does tax evasion or fraud or other financial crimes and the FBI show up and ask where the CFO is and who your auditor is and you just say "I used ChatGPT to do the taxes lol" you're going to fucking prison.so they'll always pay for an accountant.even if the accountant is just a meat proxy for AI that passed a test they used AI to study for.the consequence of AI across most industries is not going to be mass firings but that companies who apply it well start to win dramatically more market share than companies that don't, and some of those losers go out of business.overall the economic benefits likely mean job creation rather than job loss.
>>62746644These threads are always made by seething blue collar bros etc who don't understand what big business looks like.
>>62746644What are you smoking little sis? If you want to sign off audit you need a CPA, which a vast majority accountants aren't. The current regime is also pushing for fewer regulations, which cut all the audit requirements. Not to mention the AICPA allows Indians to take CPA exam in INDIA. So they all cheat their ways in and all the jobs are offshored to Mumbai. Entry accountant role is now non-existent, much worse than software dev. AP/AR are practically wiped out. Bookeepers are rare and only exist in dinosaur companies. Now if you want in, you need to fight a billion Indian for a spot in internship or junior staff accountant. CPA used to be 6 figs minimum, now they can't find staff accountant role paying minimum wage around here.
>2070>office jobs are just jeets doing 12 hour shifts on meta VR interface spamming AI prompts>planet resembles a worse mumbai mixed with bangladesh like mordor or legend of zelda dark world irl>old world architecture anything of pre ww1 aesthetic gone destroyed and replaced with cube data centers>technocrats long dead but their memory and voice uploaded into cloud so jeet chinese mexican arab african hybrids go to the public data center to worship their AI generated voices making elon musk and zucc closest things to mortal made deities>languages all gone replaced by uruk troll grunt gen beta internet slang mixture
Wow an advanced calculator is better than a human.
>>62746320>accounting taskslow level work like reconciliations has been with indians for the last 10-20 years.
>>62746342> I can do my accounting without an accounting firm now. what is "your accounting"?
>>62746625Except they literally haven't...
>>62746825Lel
>>62746327Every single leftie is a bureaucrat, or dreams of being oneDay of the Rope is coming
>>62746389>muh millenials zoomerssuck a dick
>>62747774the existence and necessity of bureaucracy isn't going away. the people who control a hypothetical AI-staffed bureaucracy view you as subhuman nigger cattle, no different from the people who control the human-staffed bureaucracy today. low IQ, low value, manual labor dipshits were born to be exploited and abused.
>>62746599>i don't have an accountant so he can work out how to avoid tax because i can easily do that myselfThat's because you're poor and don't own a business. Accounting firms are not in business trying to lure in some shut in loser from the internet who thinks he's a genius bc he made some crypto trades. >>62746549>Same experience. They now expect 200% returns on work that still takes 100% to do that they understand 0% of how it's done.Yes it's going to be the same impact email had on the workforce. In fairness to the partners, it's the clients that generate this demand. If your firm doesn't keep up with technology the clients will go elsewhere. >>62746644>they would be fucking stupid to fire accountants because one of the other 3 would immediately hire themMy work mixes with big4 and this has also been my experience. They cannot find enough bodies. They will throw everything they can at even a halfway decent employee to get them to stay. >>62746734So your complaint is that you aren't even willing to bother getting officially licensed in the career you're in? Why the hell would someone do accounting and not get a CPA license?
>>62746327part of the rich "over class" they got a degree so someone's daddy's nephew needs a high paying job to justify going to Yale.
>>62746320Oh thank GOD!
>>62747738Probably the same "accounting" 99% of people need and the same "accounting" these firms have been getting paid to do? Sure, there will still be the 1% accounting that will need humans, like doing the accounts for Epstein Island or some Albanian drug lord with money stashed in 5 different countries or a billionaire from a sanctioned economy, but that's not the bulk of what you do is it? You do the boring, mundane, everyday accounting from the peon who wants a rebate for his fuel expenditures or the family trying to find the most tax effective way of splitting dead grandma's estate, the small business etc. That's the sort of "accounting" that will no longer require your paid services and will be done at the cost of a fraction of a dollar through a few AI prompts. You are so smug thinking there will be an endless demand for that 1% accounting and not the "poor man's accounting" and that you are irreplaceable because that drug lord will choose (You). The bloodbath will be beautiful to see. This is the end of the private sector bureaucrat paper-pushing jobs. An entire class of professionals getting paid to navigate complex red tape are about to get raped. Lawyers will be next and they will be in as much denial as yourself, asking >what sort of "lawyering" do you need? thinking they are special and will be working on the big, complex corporate merger cases once they graduate and not fighting to have Tyrone's parking ticket overturned. Why don't you ask professional photographers how they're doing in the post-digital world, faggot.
kek i think most accountants are looking forward to do the day they will be replaced and are starting to save accordingly.
>>62747907you sound like an overconfident manual laborer who doesn't understand professional judgement and the reality of complex second or third order consequences, or even shades of gray in "rules based" professions like law or accounting.if it's an simple as you let on, why did you wait for AI? the IRS provides instructions with every form it issues.
>>62747907Accounting is much more than taxes and bookkeeping for retarded small business like yours
>>62746371When was the last time you saw someone whose profession was cutting ice?
>>62747957Nice jargons, did your professor teach you all those? >if it's an simple as you let on, why did you wait for AI? the IRS provides instructions with every form it issues.See? You are so arrogant and dumb you don't even understand WHY people pay you. It's not that they don't KNOW how to do it, it's they fear the punitive and potentially criminal liabilities of making a mistake without a professional to blame. They pay you so that when something goes wrong they can tell the IRS their accountant did it or they acted under incorrect professional advice. That's the bulk of your job right there buddy, you're a buffer between the citizen and an unforgiving government. The moment AI gets rubber stamped as a legally valid tool, you will be gone. It may not be chatgpt, but specialist accounting AI agents will come along and given the same legal status as a professional accountant. Because techbros need more customers, and when the time comes to decide between protecting your job or tech bro's revenue, guess which side the establishment will pick?You know in countries where the taxman is more lenient and mistakes are given a chance to be corrected without extortionate fines or criminal proceedings the accounting profession isn't nearly as big or in demand as it is in the US? Most of the mediocre professionals in your line of work only exist because of fear. You better hope you're part of that 1% exceptional accountants who will survive the culling. But since you're posting on 4chan I can only assume you have a stunted social development and are part of the mediocre ones going to the slaughter.
>>62748029>Nice jargons, did your professor teach you all those? i didn't use any jargon.> fear the punitive and potentially criminal liabilities of making a mistake without a professional to blame. it doesn't work like that. the individual on the tax form undergoes audit and potentially goes to prison. the CPA does not, unless he is negligent/fraudulent.>They can tell the IRS their accountant did it or they acted under incorrect professional advice.see above.what do you do for a living? i don't even work in tax.
>>62747787Mad because you know it's true. Games produced in the 90s/2000s were high quality, custom made, and required no patches. That skill level is absent now.
>>62747907>This is the end of the private sector bureaucrat paper-pushing jobs. An entire class of professionals getting paid to navigate complex red tape are about to get raped. Lawyers will be next and they will be in as much denial as yourself, askingThis could be the start of a bureaucratic expansion. Understand jevons paradox. Having more "solutions" and "efficiency" for bureaucratic issues could could feed back into creating more bureaucracy. If you think useless work is going to shrink because of technological solutions you are seriously retarded. There will probably be more people working doing related white collar work it'll just be worse paid with lower skilled stupid DEI people (or MAGApedes depending on political administration)
>>62748029>The moment AI gets rubber stamped as a legally valid toolThat's hilarious you think this is a thing. Let me guess, you're also holding out for a massive housing crash just like you saw in the Big Short movie? As already mentioned above, the lower level work that AI cuts into was already outsourced to India 10-15 years ago. Anyone with a modicum of competence is not impacted. Their only change is how they manage work. Also hilarious you think there's going to be some fantasy where an AI is treated legally the same as a CPA. I can just imagine someone using their AI bot for an audit and then it starts agreeing with the IRS agent and screws them for six figs.
All of this garbage goes in hand with>you will own nothing and be happyaka they will give you dogshit welfare programs while the elite fuck kids on their celebrity tropical paradise
>>62746329Something as rote as accountancy is going to see drastic reduction in human labor in relatively short period of time. The job has always been well over 90% moving around numbers according to the law and rules of the region. AI can potentially handle nearly all of that 90%.
>>62748229wake me up then>>62746371
>>62748229>The job has always been well over 90% moving around numbers according to the law and rules of the region. AI can potentially handle nearly all of that 90%.ERP systems have been around since the 70s/80s, retard.
>>62748275>Doesn't read the article>Demonstrates he didn't read the articleRetard.
>>62748484you already said that before, because you have no comeback
>>62748491I already explained it, you just can't understand it. Maybe you did read the article and you couldn't understand it. Either way you're a retard.
>>62747813> accounting and not get a CPA licenseNigga, CPA isn't for all accountant. It is a difficult exam. Most accountants aren't CPA for a reason. It is also very expensive to study and sit for so companies need to be willing to pay for you to be CPA. Firms want CPA but at the same time, they don't want to shell out 5-10k per person. CPA is often only required for senior position, manager or controller. Saying all accountants should have CPA is like saying everyone should get a PhD. Most accountant jobs just don't need CPA. But now there are so many Indian CPA, US CPA have to do grunt work and compete with non-CPA accountant.
>>62748508you have "explained" jackshit, rasheed
>>62748484what accounting tasks? paraphrase the article.
Accounting is a fake, non real wealth generating profession though. I dont see what the big deal is
>>62746320You still need an accountant to use the AI. >t. Accountant
>>62746644>>62748768Accountant cope. Lmao. Always so funny. >nooo there will be moooooreee accountants nowLmao.
>>62748797But I get it, imagine your career and profession is on the chopping block and being accountant is your personality and life.
>>62747797
>>62748206Every profession is on the chopping block but these fucking accountfags they are the ones that are safe even though their entire profession is done on a screen.
>>62747813You’re a fucking loser accountfag. Get ready for your profession to be cut down to 50%. I can tell you’re also a redditor
lawfags and accountingfags are safe by virtue of legal compliance as are cybersecfags
>>62748825Wrong. There will be layoffs and some left for compliance. More work for those that didn’t get laid off too.
>>62746329You have to leave your basement sometime.
>>62748643Read the article.>>62748639Speaking of no comeback, go read the article.
Literally minimum wage tier. What are we doing here?
>>62748857malfunctioning indian bot
>>62748851great argument!anything of substance to say?
>>62748837your mcdonalds job is safe for now until all of the accountants flood the zone. Better save up before saturation, anon
>>62748880Cope. Accountants are done. You can expect one guy doing the work of 5 now.
>>62748857what article? i see a screenshot of a twitter post. i need a link to an article, or your paraphrasing of it.>>62748871i make $165k.
As long as the government will prosecute publicly traded companies for fraudulent finances accountants will probably never be replaced by LLMs; however, under the Trump admin, we can't be so sure about that anymore
>well-definedlmao, so they're worthless, or real humans will be encouraged to wrestle with AI to get it to understand a poorly defined task, and then have to check its work anyway
>>62746327They will increase the bureaucracy to increase their power and provide more fake jobs to surplus people.
>>62748797Never said there would be more. The shit ones get the boot now. I effortlessly do the bean counting busy works of years past, sure, but an AI can't do that by itself in totality without guidance, and an untrained idiot asking ai how to do accounting procedures every fucking step of the way is going to be 200x slower than me.
>>62748635So you pursued a career where there's a guaranteed ceiling on you because you can't be bothered to take a test? And to add insult to injury, it's too hard for you but esl Indians can pass it. Can you not find another way to make $70k A real biznessman here>>62748824>Get ready for your profession to be cut down to 50%Keep waiting pussy. It will happen teh same time the housing market crashes Also fyi, Deloitte reported earnings this week. Revs up 5% lol. Did the crash get delayed?
>>62748806Most insanely retarded and self-aggrandizing post I have seen today (and I looked at /v/). I can't believe I decided to tour this board at all, farewell.
>>62749154>IndianThey cheat nigga. They are allowed to take test in INDIA. >guaranteed ceilingNon-CPA used to go up until CFO/controller just fine. There aren't that many manager position for everyone and someone has to do the grunt work. Have you looked into an accounting department to see how much work normal accountants have to do? The entire problem with accountancy right now is just Indians. There are so many Indian who CHEATED that they devalue the CPA and force CPA into lower roles, which punish other accountants.
I’ll keep my AP hospital gig till I die. I’m literally just an over paid data entry specialist with awesome insurance and pension
>>62746329If they have a job already they are fine for the most part but nobody is hiring notice that?
>>62748907Good. Fuck accountants.
>>62749171>no argument>no rebuttal>REEEEEEEEEcurious
>>62746361>websites will get buggy>games will crash>modern cars explodeI'm waiting for the 'future' portion of this scenario
>>62746320If it was actually that good (in this hypothetical space where it only gets better), and posed a threat to crooked business (read: politically connected, all flavors) models, accounting ai algorithms would become VERBOTEN overnight
there's the link to the benchmark and some example questions, since the retarded nigger OP never posted it. it's 160 questions in total but they only publicly release a few questions.https://www.mercor.com/apex/apex-accounting-leaderboard/sample-task/>Analyze collections for the last three months by identifying the collections per month for each class and flagging any changes that were >15% month over month within this time frame. Round change % to the nearest whole %. What customer caused the largest $ fluctuation between November and December in Real Estate?this does not and should not be manually prepared by a person or an AI. at any real business, this is a management dashboard that is systematically/automatically refreshed. or if a person were to do this task, it's a 5 second refresh of a pivot table linked to an AR subledger.https://www.mercor.com/apex/apex-accounting-leaderboard/>Review the December client cost advance reconciliation. Reconcile the client cost advance ledger to the QBO/GL balance for client cost advances. Using the cost advance ledger methodology and provided support, verify whether hard costs that should be treated as client cost advances were capitalized and whether soft costs were expensed. Identify any discrepancies in cost classification or capitalization treatment that need to be resolved.i've never touched law firm accounting, but it sounds like the delineation is a client cost that is expected to be repaid (record a receivable) vs not repaid (record an expense.) i can't see the example support, but this could potentially be a "real world" test where an accountant or an AI accountant exercises judgement based in imperfect support.
>>62746342Good point, people still have in-house jobs doing graphic design or copywriting, but new demand for those services simply does not exist anymore. Check out the industry threat on /gd/ if you want a look at how it's going for them these days.
>>62746355>Can't spell replaced>Calls someone else a stupid nigger
>>62748029>The moment AI gets rubber stamped as a legally valid tool, you will be gone.What exactly do you think the role of a professional accountant is, exactly? Technically, we've had algorithms that could have replaced them completely since before we had computers.
>>62746327> the bureaucracy purge might get to be the most entertaining purge of all timewhich will never happencan't you see what's happening?why do you think they've started with software developers? That's possibly the hardest application for AI. If you can reliably replace software development, you an reliably replace anybody else that works in front of a computer.There's two types of "job", one where you actually do shit and produce value, and the other where you warm a seat and are part of the team and the organization and you basically do nothing at all ever.The first kind of job is unwanted by the system. It's the real workers. It's the real factor of production. Software devs are part of that, possibly the last real white collar job in existence.The second kind is welcomed by the system. It's adult kindergarten. It's a way to control and pacify. Nobody expects you to do shit when you have one of those, you're just playing nice and being a good goy in exchange for fiat. Bureaucrats are part of this category, of course.Second category is not threatened by automation, AI, or any kind of technological advancement. There's nothing to automate, there's nothing to replace. They're not creating any value already and haven't been for decades. People in the category do nothing anyway. Accountants are 99% in that category, with some very specialized exception that probably make no sense to automate anyway. Same for doctors, engineers, architects, etc. That's why the system jumped directly to AI replacing developers, all these guys could have been replaced already years ago if not decades.
>>62749060in your dreams, formboy
>>62746329>yet noone ever seems to get replacedfalse
>>62746355
>>62746320I've been using ai to do my very complicated taxes for the past four years. I have to paper file though.
>>62746320I'm finishing my accounting degree next year, this shit sucks. I'll still have a little bit of my GI Bill left afterwards, so I might try to transfer everything over to a finance degree, but it seems like it isn't looking good for anything. Oh well
>>62746329They are not replacing people, they are just not hiring young people out of collect anymore. The result is obvious
>>62751171sorry to say it but an accounting degree is fucking assFirst of all, it doesn't really qualify you for anything that just an associate's degree would for a fraction of the price. You'll get like, $50-60K starting out doing AP/AR work if you're lucky. Your degree is useless unless you get a CPA license, and even that is being deflated away to nothing by lowering the standards and allowing internationals to take the exams abroad. Plus, its just a race to the bottom in terms of work to reward ratio. Even if you start making six figures, it's because you've been working 50-60 hours per week every week for years.
>>62751176*College
>>62751179I'm fine with the $50-$60k starting pay, I have really low expenses and a bit of a nest egg. Hopefully I can just use my vet status to get a cozy government job and study for the CPA exam, I would really like to have some real world experience before actually testing for that. Idk though, everything sucks, like I said, I'll just try to get a finance degree on top of the accounting degree if things really don't work out
