Anonymous
01/03/2024 18:55
Subject: Re:High-earning careers for risk averse people?
AI can do comparison exponentially better than humans.
Anonymous
01/03/2024 18:53
Subject: High-earning careers for risk averse people?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.
AI can do comparison better than a human.
Because real accountants have to make difficult judgment calls about which guidance applies to certain situations. There are certainly aspects of accountancy that are similar to legal practice. Accounting isn't just bookkeeping and filing 1040s.
Yeah but that can be automated. The law can be digitally stored and AI can be used to meet compliance. Tons of law jobs will be lost to AI. Accounting will be the same.
Legal and accounting practice isn't the same as compliance. It's not about memorizing rules. It's about analysis and making close calls.
Which AI can do better with big data and unemotional decision making. You're going to sit there and argue a human will be better at analysis than a computer that can store and analyze terabytes of information in mere minutes?
Accounting will be totally automated out. White collar professionals always have tons of hubris and never think they can be automated about.
Accounting and law isn't a big data analysis. At the end of the day, it's comparison and persuasion. How about you stay in your lane?
Anonymous
01/03/2024 18:14
Subject: High-earning careers for risk averse people?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.
Because real accountants have to make difficult judgment calls about which guidance applies to certain situations. There are certainly aspects of accountancy that are similar to legal practice. Accounting isn't just bookkeeping and filing 1040s.
Yeah but that can be automated. The law can be digitally stored and AI can be used to meet compliance. Tons of law jobs will be lost to AI. Accounting will be the same.
Legal and accounting practice isn't the same as compliance. It's not about memorizing rules. It's about analysis and making close calls.
Which AI can do better with big data and unemotional decision making. You're going to sit there and argue a human will be better at analysis than a computer that can store and analyze terabytes of information in mere minutes?
Accounting will be totally automated out. White collar professionals always have tons of hubris and never think they can be automated about.
Accounting and law isn't a big data analysis. At the end of the day, it's comparison and persuasion. How about you stay in your lane?
Anonymous
01/03/2024 18:09
Subject: High-earning careers for risk averse people?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.
Because real accountants have to make difficult judgment calls about which guidance applies to certain situations. There are certainly aspects of accountancy that are similar to legal practice. Accounting isn't just bookkeeping and filing 1040s.
Yeah but that can be automated. The law can be digitally stored and AI can be used to meet compliance. Tons of law jobs will be lost to AI. Accounting will be the same.
Legal and accounting practice isn't the same as compliance. It's not about memorizing rules. It's about analysis and making close calls.
Which AI can do better with big data and unemotional decision making. You're going to sit there and argue a human will be better at analysis than a computer that can store and analyze terabytes of information in mere minutes?
Accounting will be totally automated out. White collar professionals always have tons of hubris and never think they can be automated about.
Anonymous
01/03/2024 17:35
Subject: High-earning careers for risk averse people?
Anonymous wrote:I remember reading DCUM in 2007 when I studied accounting. So many people said that accounting will be entirely outsourced to India soon, and it’s a dying profession. Apparently because of this popular view, there is now a substantial shortage of accountants in the US. I know someone who graduated last year with a 2.8 GPA and received 3 offers for a staff accountant job paying $70-72k. Recruiters reach out to me on LinkedIn almost every day.
Today we are insourcing a lot of these jobs again.
Anonymous
01/03/2024 09:23
Subject: High-earning careers for risk averse people?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.
Because real accountants have to make difficult judgment calls about which guidance applies to certain situations. There are certainly aspects of accountancy that are similar to legal practice. Accounting isn't just bookkeeping and filing 1040s.
Yeah but that can be automated. The law can be digitally stored and AI can be used to meet compliance. Tons of law jobs will be lost to AI. Accounting will be the same.
But not things that require judgment, expertise, and experience. At least not for a long time.
Anonymous
01/03/2024 09:22
Subject: High-earning careers for risk averse people?
I remember reading DCUM in 2007 when I studied accounting. So many people said that accounting will be entirely outsourced to India soon, and it’s a dying profession. Apparently because of this popular view, there is now a substantial shortage of accountants in the US. I know someone who graduated last year with a 2.8 GPA and received 3 offers for a staff accountant job paying $70-72k. Recruiters reach out to me on LinkedIn almost every day.
Anonymous
01/03/2024 08:38
Subject: High-earning careers for risk averse people?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.
Because real accountants have to make difficult judgment calls about which guidance applies to certain situations. There are certainly aspects of accountancy that are similar to legal practice. Accounting isn't just bookkeeping and filing 1040s.
Yeah but that can be automated. The law can be digitally stored and AI can be used to meet compliance. Tons of law jobs will be lost to AI. Accounting will be the same.
Legal and accounting practice isn't the same as compliance. It's not about memorizing rules. It's about analysis and making close calls.
Anonymous
01/03/2024 03:54
Subject: Re:High-earning careers for risk averse people?
Anonymous wrote:I didn’t realize accounting is a high earning job. Are there just certain positions and/or companies that pay much more than others? How much do these accountants make?
Senior accountant can make 100k with a large organization, up to 250k in finance / big tech. It’s not always called accounting, for example, in high finance we call them controllers or assistant controllers, in tech sometimes as finance managers.
Anonymous
01/03/2024 03:39
Subject: High-earning careers for risk averse people?
Anonymous wrote:Anonymous wrote:Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.
Because real accountants have to make difficult judgment calls about which guidance applies to certain situations. There are certainly aspects of accountancy that are similar to legal practice. Accounting isn't just bookkeeping and filing 1040s.
Yeah but that can be automated. The law can be digitally stored and AI can be used to meet compliance. Tons of law jobs will be lost to AI. Accounting will be the same.
Anonymous
01/02/2024 19:42
Subject: Re:High-earning careers for risk averse people?
Anonymous wrote:I didn’t realize accounting is a high earning job. Are there just certain positions and/or companies that pay much more than others? How much do these accountants make?
A lot of accounting jobs aren't called accounting but have finance something in the job title. A Finance Director is an accountant.
Anonymous
01/02/2024 18:13
Subject: Re:High-earning careers for risk averse people?
I didn’t realize accounting is a high earning job. Are there just certain positions and/or companies that pay much more than others? How much do these accountants make?
Anonymous
01/02/2024 17:58
Subject: High-earning careers for risk averse people?
It's not necessarily great to choose a career that is low risk. Most people I know who took career risks and worked hard ended up very successful. It's also fine to want a sure thing. Different strokes for different folks...
Anonymous
01/02/2024 17:14
Subject: High-earning careers for risk averse people?
Anonymous wrote:Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.
Because real accountants have to make difficult judgment calls about which guidance applies to certain situations. There are certainly aspects of accountancy that are similar to legal practice. Accounting isn't just bookkeeping and filing 1040s.
Anonymous
01/02/2024 16:42
Subject: High-earning careers for risk averse people?
Why won’t accountants be automated out? Literally one of the easiest jobs ever to automate out with AI….probably even with software that isn’t even AI.