Africa. Zambia. Thank you for the insight. I was scared at first but after you talked about equipping myself to use Ai to my advantage I feel determined.
If there is going to be a rising number of job less people driven by the evolution of AI technology, that means thier purchasing capacity will be limited. To whom these products (other than basic necessities ) will be sold. Are these machines going to be customers too..? You earn somewhere and you spend somewhere, that's how it works in economics. How this will be balanced..?
Please tell me. As you said AI will replace human in forecasting , analysis, financial modeling etc by performing these tasks through algorithms programmed, how come studying power BI, Tableau will keep human competitive in accounting field while all human work is replaced by AI. Your speach is totally hypothetical. If AI can do all aspects of finance and accounting jobs including Financial planning, Budgeting and Forecasting, Preparing reports using tools, where is the scope for humans here ? Then you can advise to eliminate all accounting courses like BCom, MBA finance, MCom etc and professional courses. Feed all basic to advance accounting concepts to AI and can appoint AI to do all tasks starting from preparing and posting journal entries to designing internal controls, Strategic planning, budgeting etc. What is the necessity for these degree, masters and professional courses in accounting if everything can be replaced and performed by AI? You too can stop posting videos on different accounting concepts in UA-cam. Instead, post videos in how these concepts are fine tuned in AI through algorithms and how it is performed in the real world without human intervention.
Thank you for saying this, and his talk was similar to a person who gives a sermon about how the world is about to end, and at the end, he will ask you to subscribe his channel.
@ahmedalimuhammadali9623 atleast you understood my points. See how people are commenting. I feel very pity for them. If AI can replace core accounting and finance jobs, is it difficult for AI to extract reports or prepare charts using power BI, Tableau or other softwares? Without having ability to think from this perspective, people are giving positive comments. Analysing business using financials is challenging as it involves both external environmental analysis and internal analysis. If that can be replaced by AI as quoted by him in this video, will it be difficult to replace human in doing activities in power BI? Think guys.
Thank you for the video, rich in information
Africa. Zambia.
Thank you for the insight. I was scared at first but after you talked about equipping myself to use Ai to my advantage I feel determined.
@@KONDWANIBANDA-sx9vy All the best d3ar
Thank you so much for your valuable guidance, we are loving the new format, Sir ♥️
@@SJS001 🙏👍😍
Wow great one
Thanks for the insight. You are too powerful sir
@@raymondchisenga4815 thx dear🙏👍
Great video and insight into the coming years!
@@MrOmerd thx dear
Thank you sir
Informative ❤
@@amitpaul3298 thx dear
If there is going to be a rising number of job less people driven by the evolution of AI technology, that means thier purchasing capacity will be limited. To whom these products (other than basic necessities ) will be sold. Are these machines going to be customers too..?
You earn somewhere and you spend somewhere, that's how it works in economics. How this will be balanced..?
What about taxation
Usman Ls.
From Nigeria.
@@UsmanGenY Regards to all my Nigerian supporters🙏👍
Please tell me. As you said AI will replace human in forecasting , analysis, financial modeling etc by performing these tasks through algorithms programmed, how come studying power BI, Tableau will keep human competitive in accounting field while all human work is replaced by AI. Your speach is totally hypothetical. If AI can do all aspects of finance and accounting jobs including Financial planning, Budgeting and Forecasting, Preparing reports using tools, where is the scope for humans here ? Then you can advise to eliminate all accounting courses like BCom, MBA finance, MCom etc and professional courses. Feed all basic to advance accounting concepts to AI and can appoint AI to do all tasks starting from preparing and posting journal entries to designing internal controls, Strategic planning, budgeting etc. What is the necessity for these degree, masters and professional courses in accounting if everything can be replaced and performed by AI? You too can stop posting videos on different accounting concepts in UA-cam. Instead, post videos in how these concepts are fine tuned in AI through algorithms and how it is performed in the real world without human intervention.
Thank you for saying this, and his talk was similar to a person who gives a sermon about how the world is about to end, and at the end, he will ask you to subscribe his channel.
@ahmedalimuhammadali9623 atleast you understood my points. See how people are commenting. I feel very pity for them. If AI can replace core accounting and finance jobs, is it difficult for AI to extract reports or prepare charts using power BI, Tableau or other softwares? Without having ability to think from this perspective, people are giving positive comments. Analysing business using financials is challenging as it involves both external environmental analysis and internal analysis. If that can be replaced by AI as quoted by him in this video, will it be difficult to replace human in doing activities in power BI? Think guys.