Comment on VCs are starting to partner with private equity to buy up call centers, accounting firms and other "mature companies" to replace their operations with AI

Vinstaal0@feddit.nl ⁨1⁩ ⁨week⁩ ago

You can never fully replace an accountant with AI, you can replace the assistants, the bookkeepers, secretary and other support staff, but the accountants themselves are never going to be replaced. People want something that tells them everything is okey or trust on a certain quality standard. That’s why accountants where introduced in the first place.

But man we are still manually entering data from invoices, using basic bank imports that in some countries(cough US) don’t even work properly to be trusted in the first place. Invest into AI in the right part of the accounting sector and you can make millions and I have been saying this from before the AI boom.

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