51 Artificial Intelligence (AI) Predictions For 2018

Artificial intelligence will dramatically change the accounting profession and recast the skillset required to succeed. We will see the rise of accountants as strategic advisors to small businesses as AI increasingly powers prescriptive financial decision making by sifting through vast amounts of financial data and empowering individuals to make recommendations about the best course of action. This will fundamentally alter the role of today's accountant as focus shifts from tedious data entry, to using data-driven insights uncovered by machine learning to help small business clients make better business decisions--Herman Man, VP of product and partnerships, Xero Alexa will start to use her eyes. With the release of the Echo Show and other forthcoming devices, Amazon's extensive investment in vision-based product recognition efforts through its Lab 126 is coming to fruition. It follows that Alexa will start to use the camera to disambiguate between possible purchases, particularly for grocery.