SOME people are frightened of artificial intelligence or AI. They may imagine situations portrayed in various movies or even in some episodes of Black Mirror wherein AI would be sentient and would take over the world. However, most of us are actually using AI in our daily lives such as Netflix giving you a recommended show to watch, or Grab connecting you to nearby drivers. With rapid developments in AI, businesses must be able to adapt and take advantage of the benefits of AI in order to stay relevant. Businesses that do not embrace AI may be faced with the risk of getting replaced by other businesses in the future.

Use of AI in accounting and audit

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