SMEBiz briefs

Accountants say aye to automation Finance professionals welcome the rise of artificial intelligence, automation and robots despite the fears ranging from job losses to doomsday scenarios. According to a survey by the Chartered Institute of Management Accountants (CIMA), 83% of its 1,628 members backed the idea of more automation if it saved time and money or helped with indecision. “This indicates that accountants regard the impact of new technologies as an opportunity rather than a threat,” it said. CIMA said only 29% of respondents believed that the increased automation would lead to job losses and greater inequality, while 62% said companies would be more efficient. “Meanwhile, over one-third of them felt that there would be a better work-life balance as computers will take over jobs while humans continue to reap…

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