Gregory's Server@Colman @Black_Flag @Richard_Littler
I believe AI could help accounting. For example screening for entry errors, reading W2s, 1099s, and the sundry trust forms. Identifying deductions that might have been missed.
However, they are pedaling LLMs which I find would have little use other than translating the legalize in the the tax laws, but in general, there are good manuals and trade articles for that already.
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@fishidwardrobe @Colman @Black_Flag @Richard_Littler You are thinking of LLMs. Many other neural network based systems have fewer errors than human subject matter experts. "Neural network" is just AI BS from a previous cycle. I'm a human subject matter expert i.e an expert and I've never seen a neural network based system that could do anything as well as someone programming data entry error checking. @richpuchalsky @fishidwardrobe @Colman @Black_Flag @Richard_Littler  @Ralph058 @Black_Flag @Richard_Littler it's precisely the sort of precise work that LLMs aren't good for, as far as I can see - and errors are expensive. @Ralph058 @Black_Flag @Richard_Littler autoentry is pretty useful, apparently, but that’s using “AI” to do the idiot intern work and then you check it later, which seems about right. And I don’t believe it’s LLM based. @Colman @Black_Flag @Richard_Littler You don't want to involve AI in any sort of legalese (or in any other domain where exact meaning matters a lot).  @aaribaud @Ralph058 @Colman @Black_Flag @Richard_Littler even arithmetic, on the sort of non trivial numbers you use in accounting, are beyond their ken. @aaribaud @Ralph058 @Colman @Black_Flag @Richard_Littler except they're flogging it just as hard to lawyers as to everyone else. I will also second the distinction between gen AI and older AI - I use a number of non-gen AI tools in my practice, and they do save time. Document automation is a big one. @Ralph058 @Colman @Black_Flag @Richard_Littler I mean, if by "help" you mean "commit malpractice" I agree with you. You know what helps in the exact same way and would not be malpractice? Human review. |
@Ralph058 @Colman @Black_Flag @Richard_Littler How can it screen for errors? You would have to check every error it raised for "hallucinations". Then you would have to check all the records it didn't raise an error for, too.