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AI Accountant, graded by human CPAs
- erickang1 3y agoI posted questioned regarding recent tax changes to real estates, capital gains, retirement programs. All were answered accurately. Great job!
- erickang1 3y agoI posted questions related to recent tax changes to real estates, capital gains, and retirements. All were answered accurately. Great job!
- pkoullick92 3y agoNice
- lchengify 3y agoJust asked it about Washington State's new 7% capital gains tax and it got the question right. Looks like it's trained on state stuff too.
- pkoullick92 3y agoYep, no plugins just yet - we just passed in tax law changes since 2021
- AH4oFVbPT4f8 3y agoI asked it “What is the journey entry if you use cash to pay off a liability?” And it correctly answered.
- pkoullick92 3y agoYeah, it's weirdly good at things that are "hard" and then bad at things that are "easy"
- ChatGTP 3y agoThis sums up most intellectuals quite well.
- boringuser2 3y agoWhat'a the average grade of a single human CPA?
- pkoullick92 3y agoYes - that is the right question :) We'll do a followup where we figure this out because I agree that it's relevant. I would guess 95% at most.
- boringuser2 3y agoThis seems very complex given that I know little about accounting. Obviously, you'd need to invent some kind of standardized test for real data. For example, if you administered a leetcode style examination to me, even at the easy level, I'd probably fail miserably compared to an AI. However, I am a far more competent professional programmer than an AI. Is accounting all just rote knowledge? Is there some degree of correctness that can be measured? Will be interested to see what you come up with if you plan to put data behind your business model.
- bshipp 3y agoMy wife is a CPA accountant and I'll go out on a limb and say that 80% of her time is spent doing the equivalent of data cleaning and validation. The balance of her time is making judgement calls so she can appropriately reconcile notional rules against the messiness of real world business transactions.
- boringuser2 3y agoThis seems similar to basically all knowledge-work. 99% hampered with low-cognitive throughput tasks, where most of your business value is generated in the 1% of what you do. It's possible that AI isn't close to replacing human efforts.
- deleted 3y ago[deleted]