Marc Andrusko and Seema Amble
Death, Taxes, and AI
How Generative AI Will Change Accounting
a16z, 2024
What's inside?
Artificial intelligence holds promise and pitfalls for the accounting profession.
Recommendation
The field of accountancy in the United States is evolving. Facing declining numbers of practitioners as its current generation of professionals begins to retire, the industry is ripe for change. Enter artificial intelligence, which can execute many accounting tasks, particularly the more mundane. But fintech experts Marc Andrusko and Seema Amble advise that AI cannot — nor should it — replace human judgment. Professional development will remain critical, even as accountancy stands on the cusp of a generational shift. Accounting professionals will find this a useful take on the future of the sector.
Summary
About the Authors
Marc Andrusko and Seema Amble are partners at Andreesen Horowitz focusing on financial technology solutions.
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