Type of Job:

White collar
Generative AI will likely automate or change many white-collar jobs, especially high-paying ones. Blue-collar jobs may see more demand and higher pay as premium goods become popular.

What Constitutes Artificial intelligence (AI)?

Artificial Intelligence (AI) is a technology that allows systems, whether software or machine-based, to autonomously make predictions, recommendations, or decisions that impact both real and virtual environments without the need for constant human guidance or intervention.

Sources

Author:

Juan D. Montoya

Juan D. Montoya

Economist and AI researcher.

Will Bookkeeping, Accounting, and Auditing Clerks be replaced by AI & Robots?

Bookkeeping, Accounting, and Auditing Clerks risk of being automated:

High

This job is highly likely to be substantially automated within the next 20 years, placing it in the upper quartile for automation probability among occupations.

Current Degree of Automation:

34
(1-100)

Source

Key findings

GenAI is revolutionizing the work of bookkeeping, accounting, and auditing clerks.

It automates number crunching, data analysis, and regulatory checks, reducing errors and speeding up processes.

Tasks like coding, system optimization, and data entry can be efficiently managed by AI.

GenAI enhances business software, simplifying data access and decision-making.

It aids in writing, design, and multimedia content creation.

This technology will transform how clerks handle tasks, improving efficiency and accuracy in their work.

How could AI or automation replace or complement job activities?

AI and automation could be utilized to automate tasks such as operating computers with accounting software, checking figures for accuracy, reconciling discrepancies, processing payroll information, preparing financial statements, and compiling statistical reports for Bookkeeping Clerks.

For instance, AI algorithms could be programmed to automatically match order forms with invoices and record necessary information, reducing manual data entry errors and increasing efficiency in the reconciliation process.

Job description

Computes, classifies, and records numerical data to maintain financial records. Performs routine tasks such as calculating, posting, and verifying financial data. Checks the accuracy of figures and calculations related to business transactions done by others.

Consequence of Making Errors

36

(1-100)

Moderately serious Source
The seriousness of errors in bookkeeping or accounting doesn't directly indicate if these jobs will be automated soon.

How Repetitive is the Job?

91

(1-100)

Extremely important Source
Jobs like bookkeeping, accounting, and auditing involve many repetitive tasks, making them prime candidates for automation. However, it's likely that only specific tasks will be automated, not entire roles.
Average Anual salary USD$
$47,440
Number of profesionals in USA
1,210,000

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Do you think Bookkeeping, Accounting, and Auditing Clerks will be replaced by AI?

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