This is a concern of many accountants. Some, will be laughing, others may even start to worry!... What if algorithms and artificial intelligence became powerful enough to take over the accounting practice?
Until recently, we did not make ourselves really this question, because the much-heralded digital transition did not include OpenIA and its ChatGPT bot with these levels of performance...
CHATPT, THE ROBOT THAT IS SHAKING UP ALL INDUSTRIES.
What is ChatGPT?
An AI capable of passing medical exams in less time than it takes to write this sentence or able to write from a book according to literature codes... can we believe it? Yes. This is what the GPT Chat is capable of doing.
Imagine an inexhaustible source of information on every subject. A kind of infinite encyclopedia that knows every code by heart, that can tell you a precise law or give you investment advice, this is what we are talking about.
How about asking ChatGPT?
- Hello, who are you?
- I am ChatGPT, a language model based on OpenAI's GPT-3.5 architecture. 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 variety of topics.
We proposed ChatGPT rephrase your answer as if you were talking to young and inexperienced computer scientist. We asked you to be clearer:
- I am a robot that specializes 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 enjoy helping people by providing clear answers and explanations about the things they want to know.
As we know, ChatGPT is still in the early stages of its possibilities. It represents the future and innovation of everyday research, so for now;
Good to know:
- At the moment, ChatGPT is only based on data through 2021. Therefore, it does not have the latest knowledge.
- There are little secrets and key phrases to make it more precise and powerful.
- OpenIA is partly owned by Microsoft.
- Microsoft will integrate ChatGPT into the Office suite and you can ask the bot to create a document, a Powerpoint presentation or an Excel file.
The efuture is coming!
What are the capabilities of ChatGPT in accounting?
When it comes to accounting, ChatGPT knows definitions, writes theoretical information, calculates monthly VAT and more. Of course it is unbeatable in calculations, until recently it risked giving investment advice.
Fortunately, the creators of the tool, by guaranteeing secure answers, take ChatGPT on the edge to advise consulting an accounting professional.
But is it really reliable?
Yes and no. It's all a matter of details.
So far, the robot has proven to be very relevant, but its information comes from the Internet, so not everything can be taken for granted. This is why it is still subject to some verification, it can still go from accurate to slightly or very false.
Legal and tax subtleties are too complex. There are too many legal issues yet to be evaluated to assume a total human replacement . Above all, a person is and will remain a person and a robot is and will remain a robot, a tool, not an enemy.
ChatGPT: A tool to increase your productivity
Think of ChatGPT as a new computer tool that can take the pressure off some of the accountant's everyday tasks.
It can automate redundant and time-consuming tasks such as data entry, preparing reports and standard financial documents, and even provide automatic responses to e-mails. It can trigger a calculation check or give you a second opinion. It's up to you to figure out how and why to use it.
Have fun discovering it, testing it, and finding your limits.
Let's be Viseeonary Indiana Jones of this new world. Be even more Viseeonary and go for it. Don't miss opportunities!
Artificial Intelligence: A Threat or a Development Tool?
Some people have fears, but should we let the threat hover around us or face it with courage and enthusiasm? At Viseeon, we have made our choice. the ChatGPT is a robot to get to know, experience and take advantage of.
It is a potential source of information. Does it need regulation quickly or a definition of limits? Why not? The truth is that in a few months or years, it will be indispensable, so we assume to be involved in this project and to be pioneers of another new world and continue to lead the future!
Progress is a source of development and growth. The Internet used to scare people and today it is commonplace...
