I’ll dox myself if anyone wants to take the time to do a little searching. I don’t really care if anyone knows who I am because I don’t post anything I would be ashamed of in real life. Saying that, I run a top 125 accounting firm that will be top 100 inside the next couple of years. There is no doubt AI is coming for a portion of our industry, but it is a lot of the lower level repetitive work we have already walked away from. It’s also why we’ve diversified into investment management, marketing, app/software development, IT, etc.
AI is going to fundamentally change a lot of industries including accounting, but to say it’s coming for my livelihood shows you don’t know where the industry has already evolved. Hell, the AICPA has been telling us for at least 7 years now that we’re 3 years away from blockchain fundamentally revamping the industry. Everything changes, those that adapt will profit and survive, those that don’t will not. I don’t make any money entering checks and deposits to generate someone's financials now, it used to be a large part of what firms do. I make 5x what the high partners did in those days, you adapt and capitalize.