Accounting Graduates Drop By Highest Percentage in Years – Slashdot
Become a fan of Slashdot on Facebook
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
The problem right now is that AI is too good at making shit up with 100% confidence.
The problem is that accountants need to actually understand wtf the business is doing to make money go in and out of the accounts.
AI is unlikely to be able to do this without being continuously stateful, and it will require a bunch of business specific training for it to be any good at its job.
Moreover, businesses are continuously evolving their operations, so the AI will need to be continuously trained in order to keep up.
Someone still needs to manage all that training, and QA the actions of the AI to veri
Since AI will be what tests that shit, it should be all right.
Garbage in, garbage out…
So we basically turned it into a load of hot air and vaporware.
Yep, sounds about right.
We wouldn’t need so many accountants if tax laws were simpler.
Disclaimer: Both my parents are accountants, now retired. Dad was a comptroller, IE a business accountant manager, mom did personal accounts, trusts, and that stuff.
I have to disagree on the demand is “big guys dodging taxes”. That’s more where you get into accounting lawyers who can do more than just make a rough guess on whether something is deductible or not.
Mid size businesses are beyond quickbooks. That’s into needing a comptroller, at least for true “mid size”. Small businesses might be able to do the quickbooks thing.
And I’d argue that “less corrupt” and “simpler” are often the same thing. Because it’s the complexity that allows the corruption, for the most part.
I’d also argue that simpler would be worth it in the sense of everybody spending a lot less time, money, and effort in figuring out what they’re legally obligated to pay.
Sorry friend, I have a rule: Never trust an accountant, and especially never trust the children of accountants.
Bingo.
OK, how? Because the complexity of accounting laws have a reason, if they are easier, even more loopholes would exist.
While most accountants should not be necessary for things like tax prep, having a good accountant is actually pretty nice. I have some specialized tax stuff as well that really needs an accountant… but it is hard to find good ones for it.
Machine learning can solve much of the tedious stuff that a bookkeeper does, and about 2/3 of what a real accountant does, but that remainder actually needs some expertise.
There’s no practical alternative to fiat currency. Using precious metals would just benefit countries with the biggest mines, and make us waste too much time mining. Plus, if an asteroid with the metal is found and Earth is flooded with the metal, all heck would break lose.
Account for this
It’s worse than that, there’s fewer young people in general.
And white collar criminals rejoiced
Our population is stagnating. Actually, factoring in mortality before retirement, our working population is shrinking. When you look at the age pyramid [populationpyramid.net] of the USA, you’ll see that the age bracket of 20-25 year olds is about on par with the one for the 60-65 year olds. Factoring in deaths in the age range between 20 and 65 (i.e. working age), you already have a shrinking population.
And if you use that slider on the page to take a look what it’s gonna be like 15 years from now, it’s not improving. Actually, i
There may be more comments in this discussion. Without JavaScript enabled, you might want to turn on Classic Discussion System in your preferences instead.
New York Seeks To Limit Social Media’s Grip On Children’s Attention
Who Runs the Best US Schools? It May Be the Defense Department
He keeps differentiating, flying off on a tangent.
