Artificial intelligence (AI) has transcended its niche beginnings and has now firmly established itself as a game-changer for businesses. With the recent explosion of consumer-facing AI applications like ChatGPT, which boasts a staggering 100 million monthly users, and the influx of AI startups securing over $40 billion in investments, it’s evident that AI is reshaping how professionals across all sectors execute their roles. The pressure is mounting on organizations to harness AI’s revolutionary capabilities, and for accountants, ignoring this transformative shift is simply not an option.
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