Artificial intelligence has been everywhere in the accounting profession lately, to much joy or consternation, depending on who you ask, but regardless of how one feels about it, there are always a lot of questions.
During small business platform Xero’s annual Xerocon event in Nashville this week, Jason Staats—a CPA, YouTuber, podcaster and advisor who has spoken extensively about the impact of AI on the accounting profession—answered some of the questions, both from moderator Akankshu Dhawan, senior vice president of product management and EGM with Xero, and from the audience.
Staats discussed how people can get started with AI, as well as the pitfalls one might encounter on the way, along with some of his overall impressions on the current state of play in this growing field. While he said it’s difficult to point out any one area where AI is being especially impactful, it’s still hard to imagine any part of the profession that is not being impacted today by this new technology.
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