Artificial intelligence extends a computer’s normal input and output programming
(more than just loading Facebook and YouTube).
It allows computers to make predictions and adapt
how they respond in certain situations -- just like us,
but hopefully not enough to take over the planet.
In professions that require rote tasks such as accounting and law,
AI is replacing human eyes for the better.

How are accountants using AI?

Many traditional bookkeeping tasks, the ones that everyone loves so much (not),
are already being performed by AI.
handles much of the work of initiating payments and matching purchase orders.
Although transaction approval should be largely left to humans.

Big firms have won clients simply because small firms lack the resources
to offer necessary services.
While small firms have their entire staff working on the present,
big firms are able to set aside accountants to work on the future.
This has given big firms the upper hand in the early adoption of AI.