The Impact of Artificial Intelligence Software on Accounting Labor and Revenues
This quantitative casual comparative study was conducted to determine the impact of Artificial Intelligence software on the future estimated accounting revenues (profits) and anticipated accounting labor force. The digital skills gap is becoming a more prevalent threat to the global workforce. Research has increasingly shown that Artificial Intelligence and its associated software are becoming a disruptive force within all areas of all industries, including the accounting industry. The study addressed three research questions that cover various aspects of this subject. The results of this quantitative research study supported the hypothesis that Artificial Intelligence software would significantly impact the accounting labor force and future accounting revenues. This research further extended existing studies on the accounting industry and its interactions with Artificial Intelligence. This study marked a change in the accounting industry landscape by tracking ideas regarding the impact of Artificial Intelligence on the accounting profession. It extended the research on the impact of Artificial Intelligence on society as a whole. The research demonstrated that the respondents viewed Artificial Intelligence software as a disruptive force in the accounting industry, and this new technology may be a force to be reckoned with in all industries for years to come. The hope is that this study will serve the interests of those in the accounting arena and move other researchers to delve deeper into how disruptive Artificial Intelligence technology is to the accounting industry.
