Can ChatGPT replace corporate finance? This is pure nonsense. Those who listen to rumors that Chatgpt can replace corporate finances are completely listening to rumors. I've been working as a finance and tax consultant for 15 years and can safely say that Chatgpt can't replace corporate finance. I will analyze the reasons in detail for you. Corporate financial management is a very important job that requires expertise and experience. While AI technologies such as Chatgpt have achieved amazing achievements in many areas, there is still a need for professional finance professionals to participate in financial management. Chatgpt can handle some financial data, but it can't completely replace the work of a financial processing company.
The first is financial work. It usually needs to process large amounts of financial data for a company, including bills, invoices, statements, etc. This data needs to be rigorously audited and checked to ensure accuracy and reliability. This work can only be checked two or three times by manual means. Financial management includes many complex data processing and analysis that requires a fairly high level of mathematical and statistical knowledge.
While AI technologies such as Chatgpt can process large amounts of data, human expertise and experience are still needed to guide and correct when it comes to processing complex data, models, and algorithms.
The second is the management and decision-making of financial work. These tasks require human involvement. Because financial work not only involves data processing, but also needs to consider the company's operating conditions, market environment, laws and regulations, business processes, business models and other factors. These factors require human wisdom and experience to support and analyze to provide professional asset management advice to bosses and help them make better decisions.
These decision-making levels cannot be replaced by machine artificial intelligence. This is because machines lack human judgment and experience.
Finally, financial management. It also involves many exchanges and communications, such as communication between the finance department and the business department, assisting business owners with data presentation and negotiation communication, etc. In addition, communication and negotiation with the government are included. These jobs cannot be replaced by artificial intelligence technologies such as Chatgpt. Therefore, it is still necessary for finance personnel to exist and perform their duties, which cannot be completely replaced by artificial intelligence.
However, Chatgpt can reduce labor costs for businesses. Why? Because it may have taken 10 finance people, but AI can be reduced to 5 or 4 people. It is impossible to completely replace human financial work.
Pay attention to the financial sister, make money with peace of mind, and sleep steadily.
