With how fast artificial intelligence is evolving, it’s not strange to think about the possibility of AI applications taking over our industry and would soon render human professionals obsolete. In this episode, I shared my take on the next trend for your firm in the AI revolution.
Listen Below.
0:49 – We are witnessing the rapid emergence of new accounting firm business models, which may lead you to believe that traditional accountants won’t be important anymore.
1:05 – This assumption couldn’t be more wrong. In fact, the human element of your firm is now more crucial than ever, and it is poised to become the next prevailing trend in an AI-dominated world.
1:23 – When it comes to matters of finance, people seek the assurance of dealing with fellow humans. Trust plays a vital role in fostering strong relationships.
1:50 – I firmly believe that most clients would prefer paying a higher price for human interaction, even if an AI’s performance were to match it, a scenario that may not be prevalent today but could be on the horizon.
2:11 – While automation plays a crucial role in enhancing efficiency, it is essential for us to explore ways to further humanize our firms.
3:11 – Every action we take with our clients is aimed at earning their trust, as regaining lost trust can be an arduous endeavor.
3:36 – I encourage you to consider how technology can be utilized not only to enhance the efficiency of your firm but also to foster a warmer relationship, elevate the client experience, and strengthen the levels of trust between you and your clients.
Wow! AI is a new era. Great content.
I just want to add one thing, starting the AI journey is very easy when we choose AI tools as a resources.