CFO Journal talked to Kristin Reinke, vice president and head of finance at Google, about those new technologies and how they accelerate the quarterly close, the use of spreadsheets in finance and the things that cannot be automated. This is the fourth part of a series that focuses on how chief financial officers and other executives digitize their finance operations. WSJ: What are the core parts of your digitization strategy? Kristin Reinke: We try to focus on the most important things: Automation and [how] we can improve our processes, being better partners to the business and then [reinvesting] the time we save into the next business challenge. WSJ: Which tools are you using?

Since around 2017, Google has been pushing ahead with its own transformation into the world's leading AI company. The company also wants to implement this internally. "It's important to be honest", OpenAI founder Sam Altman wrote these days in the context of the question of whether artificial intelligence eliminates more jobs than it creates. The occasion was OpenAI's new art AI DALL-E 2, which generates graphics from sentences. Altman estimates that at first the creative work, then the cognitive and finally the physical work can be replaced by artificial intelligence.