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Bloomberg tweeted that 200k bank jobs in the US will be lost to robots. Finance professionals should also be concerned. They should robot-proof themselves by turning into effective business partners.
Just heard on 2GB Ross Greenwoods finance program that according to Morgan Stanley, by 2030 50 percent of all cars produced will be electric. Conservative politicians and commentators should listen to such insights.
Australia is lagging behind not only on climate change initiatives, electric cars and automation but also in embracing shifts in FP&A processes. Too many traditional CFO's are reluctant to change.
AI, Machine Learning and Robotics coupled with Big Data and Analytics is significantly disruptively influencing the finance function. Finance professionals must enhance their skills in these areas.
@anzac75@SkyNewsAust@Qantas Agreed. I watched Paul Murray in Qantas's Heathrow lounge and I was embaressed. It's a shame to portray SkyNews as genuine intelligent Australian commentary.
@SkyNewsAust His hollow partner Rowan Dean should follow and not too far down the track should be Paul Murray. These blokes have lost their heads. I wonder if Murray will actually be able to perform in a real job.
Is the current business model of professional accounting bodies sustainable? With automation and robotization disrupting the accounting profession will the membership model survive?