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Originally Posted by PepsiFree
You shouldn’t. AI is already powerful enough to take over any financial advisory or accounting role with minimal oversight and the only reason it isn’t at scale is because it takes time and, at the moment, still requires people with the right knowledge to train and maintain these systems for optimal results. Once that training is complete it’ll be able to develop retirement, investment, and tax strategies based on simple inputs of what people want without them having any knowledge of how to get there. There are already options that can achieve this.
If you’re not retiring within the next 5 years, you’ll either be using AI to do most of the work for your clients or you’ll be in a different career.
It’s already the case for lawyers, developers, marketers, and many other industries. If you’re not using AI to improve your outputs, you’re falling behind your peers. And yeah, while we can all keep up the ruse that people need people to do these things and there will be a good stretch where folks still believe that, you shouldn’t bank on it lasting.
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AI is not at that stage right now. It needs massive oversight to avoid serious errors. 5 years? Sure. But for sure, something you're describing at the highest level is Blue J AI, and outputs still needs to be heavily monitored. Some of the responses are brutally wrong. Minor case facts that are missed give a totally wrong recommendation.
But even lower level AI, lots of issues even at the bookkeeping level. No way you can leave it alone with minimal oversight. Again, in 5 years? Maybe. But absolutely not now.
AI certainly will lift the floor for many industries and create an environment where excruciatingly simple errors should cease to exist.