The Future of Accounting is Here. Are You Ready? The accounting profession is on the cusp of a major transformation, driven by the emergence of artificial intelligence (AI). While this exciting development holds immense potential, many small and medium-sized...
The financial planning industry is on the cusp of a major transformation, and at the heart of this change lies artificial intelligence (AI). As CPAs, accountants, and financial planners, we’ve always strived to provide personalized guidance and insightful...
In the world of financial advisory services, efficiency and accuracy are paramount. HIVE AI’s Financial Planning Assistant emerges as a game-changer, revolutionizing the way financial professionals manage their client interactions and business operations. This...
We all know that it is extremely important to stay on top of your personal finances. Over the past year, advancements in artificial intelligence (AI) technology have paved the way for a new era of personal financial planning. With AI financial planning, individuals...
Wealthmanagement.com presented an article in June of 2023 where they asked three different AI tools how AI is helping financial planners right now. They asked Google’s Bard, Open AI’s ChatGPT, and Microsoft Bing. They presented the answers directly how...
As artificial intelligence (AI) rapidly evolves, a McKinsey study predicts that by 2030, AI could displace 15 percent of the global workforce. This leads to the question, will AI replace accountants? The release of ChatGPT, a groundbreaking language model by OpenAI,...