Posted by & filed under Accounting Careers.

Description: The robots may still be coming – coming for your job that is – they just aren’t coming as fast as expected, at least according to research carried out this past year by the federal government. Nonetheless, expectations are that 11% of jobs could be replaced by some form of artificial intelligence (AI) in the next 20 years. Rural areas are one region of concern for federal officials. The information is contained in a report prepared to advise incoming ministers following the recent election. The CBC obtained the details by filing a request under the Access to Information Act.

Date:  January 1, 2020

Source:  cbc.ca

Link: https://www.cbc.ca/news/business/canadian-workforce-ai-documents-1.5412341

 

Discussion points:

1) Are you concerned about the rise of AI and how it may affect your future after graduation?

2) Have you ever given any thought to this whole access to information thing? I mean, from an accountability point of view, our tax dollars paid for these important reports to be produced. But in order for us to see the information we have already paid for, the CBC had to go through the hassle of filing a right to information request before preparing this important story. What do you think of this from an accountability point of view? Should there be an easier way to get to see what we have funded?

3) On pages 8-9 of Wiley’s Financial Accounting: Tools for Business Decision-Making, you can read about organizations that set accounting standards. If AI takes on a larger role in the accounting world, what might be some of the issues standard setters will have to deal with?

Leave a Reply

Your email address will not be published.