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Friday, January 6, 2023

Five Points About Artificial Intelligence You Won't Like


Inspiration: a question on Reddit,

"Why everyone keeps on saying A.I. will replace accountants it's just getting annoying now this makes me feel like I am pursuing something which would be worthless in the near future"


My response:

"Functions that require a 'process' to complete, which is every, single accounting function, will be taken over by a faster, more knowledgeable, entity. 

Functions that require a 'process' to complete, which is every, single accounting function, will be taken over by a faster, more knowledgeable, entity. 

Think of AI as the smartest, most educated employee with 500 years of experience in accounting and is updated every second with the latest GAAP, legislative, tax, and legal changes.  

How would you compete with this 'person'?  How could you?

This entity has instant access to every recorded accounting question and answer posed by countless other entities from the beginning of civilization, and the ability to APPLY successful applications to a specifically requested accounting output. It learns from how the environment responds, adding the incremental dataset to the larger pool of data.  

AI does not only generate financials, but it can also read/analyze financials AND respond based on comparing every other financial statement, ever documented, current, and future economic pressures.

It makes "judgment" calls. 

It does not call in sick.  

It does not commute.  

It does not sleep in on Christmas morning. 

It will never form a Union.  

Accounting will be one of the first niches to be slammed.  Education, Financial and Legal institutions will all be reduced and transformed.  

AI is Thanos, Inevitable."

Here five, out of dozens, 

1. AI cannot be regulated

I forget, what did Shakespeare say about lawyers? The legal system moves too slowly to slow the advancement of AI.

2. AI will self-design

The program will rewrite the program to improve the program.

3. AI will be everywhere

AI uses sensors.  Imagine paint, carpeting, and houseplants as sensors.

4. AI will eliminate your job

Yes.

AI, once unleashed, will be like an Infinite Loop self-editing itself at the speed of light, over and over, until reaching perfection.  The definition of perfection will change with every iteration, so the editing will go on forever.

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Added Bonus Content- "Exploring the capabilities and applications of self-generative artificial intelligence."

I told the big-head computer in the sky:

"Please describe self-generative AI, give examples, and suggest an article title."

This is the response:

Self-generative AI refers to artificial intelligence systems that are able to generate their own data, input, or output. Some examples of self-generative AI include:
  1. Generative adversarial networks (GANs): These are AI systems that consist of two neural networks that work together to generate new, synthetic data that is similar to a training dataset. GANs have been used to generate realistic images, audio, and text.
  2. Evolutionary algorithms: These are AI systems that use principles of natural selection and evolution to generate new solutions to a problem. Evolutionary algorithms have been used to design new proteins, chemicals, and machine learning models.
  3. Autoencoders: These are neural networks that are trained to reconstruct their input data. During training, an autoencoder learns to compress the input data into a latent representation, and then reconstruct the original data from this representation. Autoencoders can be used to generate new data that is similar to the input data.
A possible article title for a general overview of self-generative AI could be "Exploring the capabilities and applications of self-generative artificial intelligence."




The Inevitability of Artificial Intelligence: How AI Will Transform Industries and Eliminate Jobs


In summary, DOTC believes that artificial intelligence (AI) will eventually replace accountants and transform many other industries. They argue that AI will be faster, more knowledgeable, and more efficient than human workers, and will have access to a vast amount of data and the ability to learn and improve over time. They also point out that AI will be difficult to regulate and will be able to self-design, making it hard to predict or control its future developments. They believe that AI will become ubiquitous, using sensors to gather data from all kinds of objects and environments. As a result, many jobs may be eliminated, and the writer suggests that AI will eventually reach a state of "perfection" through a process of self-editing.

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