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Should Audit and Finance professionals have concern for the present AI revolution, and the associated nervous feelings about being ‘replaced’, sooner than later, by machines? Just the opposite: it will be your most powerful asset.
Used correctly, AI will take the uniquely human characteristics of common sense and the 80/20 rule and allow you uncover the financial risk that is most likely within your organization, while doing so at better scale than current processes, allowing your focus to be on actual threats (not the machines).
Our very own Dustin Armstrong, a data scientist at Oversight, just wrote about this for GRC Outlook and shows why reality is much more nuanced and way more positive. Check it out here