. “Just like any disruptive technology throughout history, AI will inevitably displace and replace some roles and skills, but new roles, skills, and opportunities will also emerge."
“Leading finance teams will learn to position AI-driven tools and solutions as co-workers that help them do their jobs better. Using AI as a co-worker instead of a replacement also ensures that finance leaders avoid delegating responsibility to machines that should be owned by a person.” Mark D. McDonald, senior director analyst at Gartner shared insights on AI in finance with an audience of CFOs and finance leaders at the Gartner CFO & Finance Executive ConferenceIn the future, Gartner analysts expect finance and accounting teams to look more like software development organizations, and finance leaders should begin introducing aspects of this paradigm shift into their teams.
“The loop formalizes what each is responsible for so that leaders don’t over-rely on machines or delegate human responsibilities to machines. The loop ensures human feedback and judgement remains front and center,” said McDonald. “Leverage AI for what it does best – automating manual tasks,” said McDonald. “Be cautious about allowing machines to take actions based on their own advice. By leveraging the strengths of both people and their new machine counterparts, organizations can reach new levels of productivity and value without big risks.”
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