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Will ChatGPT kill the accounting profession?

This is a question that is on the lips of many of our peers. Some of you are already laughing, others are starting to worry. And yet... What if algorithms and artificial intelligences become powerful enough to take our jobs?

Until recently, we didn't really ask ourselves this question. But that was without counting on OpenIA and its ChatGPT robot. 

Today, we're going to talk about what's shaking up every industry.

 

What is Chat GPT?

An AI capable of passing medical exams in less time than it takes to write this sentence or of writing a book in accordance with the codes of literature, can you believe it?

This is what ChatGPT is capable of. 

Imagine an inexhaustible source of information on all subjects. A sort of infinite encyclopedia that knows all the Codes by heart, that can tell you a precise law or give you investment advice, that's what we are talking about.

If you've missed out, it's time to take a refresher course.

What if we asked the principal? 

- "Hello, who are you?"

- " Jam ChatGPT, a language model based on the GPT-3.5 architecture of OpenAI. I am a computer program designed to understand and generate text using a variety of machine learning techniques, including natural language processing (NLP) and deep learning. My goal is to help users find answers to their questions and provide relevant information on a wide range of topics. "

We offered to redo his answer to talk to a computer novice. And it may be clearer:

- " I am a robot specialized in text comprehension and production. This means that I am able to read and understand what you say or write, and respond with complete sentences and useful information. Like a friend who can answer all your questions on a wide variety of subjects, but who has no physical body. I like to help people by providing clear answers and explanations of things they want to know. "

 

As you can see, ChatGPT is only at the beginning of its possibilities. It represents the future and the innovation of daily research. 

Good to know: 

  • For the moment, ChatGPT is only based on data up to 2021. It does not have the latest knowledge.
  • There are little secrets and key phrases to make it more accurate and powerful.
  • OpenIA is partly owned by Microsoft.
  • Microsoft will integrate ChatGPT to the Office pack and you will be able to ask the robot to create a document, a Powerpoint presentation or an Excel file.

The future is coming !

 

What are Chat GPT's accounting capabilities?

As for our core business, accounting, ChatGPT is able to give you definitions, write theoretical training, calculate monthly VAT and much more. And of course, he is very good at calculating.

Until recently, it even gave investment advice. Fortunately, the developers of the tool have made it a common answer to such questions. ChatGPT now advises to approach a professional. It would not be otherwise!

But is it really reliable? 

Yes and no. It's all about nuances. 

So far the robot has been very relevant, however its information comes from the big Internet and therefore not everything is to be taken at face value. That's why you should always check what it says. Sometimes it may not be perfectly accurate or even give false information.

Don't worry, it will not replace us. The legal and fiscal subtleties are too complex. The special cases are too numerous, and above all, it is and will remain a robot. It is a tool, not an enemy.

 

ChatGPT: a tool to boost your productivity

Think of ChatGPT as a new IT tool that can help you in your daily work as a public accountant.

It can automate tedious and time-consuming tasks such as data entry, preparation of reports and standard financial documents, and even provide automatic responses to your emails.

You can ask them to check calculations or give you a second opinion. 

It's up to you to find out how and why to use it. Have fun discovering it, testing it, finding its limits. 

You are the Indiana Jones of this new world. Don't miss out on progress.

 

Artificial intelligence: threat or development tool?

Some people are afraid, but should you let them walk all over you or take the bull by the horns? At Viseeon, we have made our choice. ChatGPT is a robot to follow. Not very useful in the real world at the moment, it is however a potential source of information. Need the name of a law quickly or a definition? Why not. In a few months or years, it will be essential, so we might as well be the first to take part in the project.

 

Progress is a source of development and growth. The Internet used to be scary and today it is commonplace. Let's be the pioneers of a new world. Let's become the leaders of the future!

If you also want to become a 3.0 accountant, discover the values Viseeon and Join Us!

Viseeon France - Network of Chartered Accountants

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