Impact of Artificial Intelligence, Machine Learning, Adaptive Intelligence, Robotics and Edge Computing on Financial Accounting

We are living in the perfect era in which practically every industry has been touched by the magical spell of Exponential Technologies. Businesses of small and medium-size to large enterprises are adopting technologies and striving to accelerate business processes, the catalyst being the capabilities of technical models. Right from storing data, to accessing, processing and saving data securely, technology takes care of every aspect. Just to recapitulate, in one of my previous articles, I covered the acceleration of Sales through Technology and now I would showcase the wonderful outcome of the conglomeration of Financial Accounting and Technology. It is normal for human resources across industries to fear job displacement due to technological advancement; machine and adaptive intelligence taking over human intelligence.