Two particular areas are attracting attention :

  1. Black box dilemma
  2. Biases and the consequences

The challenges shouldn’t suggest that AI be avoided, because after all, our brain is the quintessential black box. As Finance and Accounting (F&A) strive to extend use of these emerging technologies, it must balance the possibilities with its dual roles as an enterprise’s trusted business advisor and fiduciary.

New risks, new thinking

Albert Einstein expressed the idea that we cannot solve our problems using the same thinking as that used when they were created. He said, « a new type of thinking is essential if mankind is to survive and move toward higher levels. » His idea holds relevanc...