7 ms·
Accountants will still exist, but we'll need fewer of them at any given time. In your example of flipping the 80/20 ratio, you are implying that each accountant
by midnitewarrior 7mo ago
Accountants will still exist, but we'll need fewer of them at any given time. In your example of flipping the 80/20 ratio, you are implying that each accountant would be able to (theoretically) handle a 5x workload with AI making up the gap.
Perhaps in reality more like a 3x advantage, due to human inefficiencies and the overhead of scaling the business to handle more clients.
Given that, 3x increase of productivity implies we either need 1/3 the accountants, or the accountancy supply brings down prices and more clients start hiring accountants due to affordability.