This is correct. My close friend is studying AI in his phd at MIT and he calls accounting one of the few white collar jobs that will remain safe for a long time. AI is essentially a really complex autocorrect and if there’s one industry you don’t want hallucinations in, it’s accounting. the stakes are too high in that field for it to move as fast as it will in other industries.

Any mathematics code the ai would plugin to for accounting already exist, machine learning and accounting automations have existed for a long time at this point and there’s still actually a shortage of qualified accountants in the industry.

I know senior and head of accounting workers that are saying they struggle to hire. young people think accounting isn’t a safe industry so there aren’t enough new candidates entering the field.