Some ADVANTAGES of ACCOUNTING in Artificial intelligence
- PROS OF ARTIFICIAL INTELLIGENCE
* Decisions taken by a machine are based on a set of algorithms: which reduces room for error.
* The ability to take right decisions in a short span of time.
* Situations where the safety of a human is insure, An Al machine that is fitted with predefined algorithms can be used.
* Since a machine does not get tired, it can work continuously without taking my breaks.
SOME ADVANTAGES about Artificial Intelligence:-
* These computers are More Powerful and more useful.
* These are New and Improved interfaces.
* It can solve new problems that will be complicated for us.
* Better handling of information.
* Relieves information overloaded
* Conversation of information into to knowledge.nce:-
* Maintenance of business records.
* Preparation of financial statement.
* Comparison of results.
* Avidence in legal matters.
* Provides information to related particles.
* Help in taxation matters.
* Valuation of business.
* Replacement of memory.
CONS OF ARTIFICIAL INTELLIGENCE
* The overall cost of implementing an Al machine is huge; only a few can make use of it.
* The dependency of humans on machine is ever increasing.
* With efficient and 24*7 Al and automation, human jobs will soon b replaced by machines in the future
* Machines cannot think creatively or out of box and will not perform such tasks.
SOME DISADVANTAGES about new Generation:-
* These are so expensive and slow.
* It can increase cost day by day.
* Few experienced programers can use it easily.
* Few practical products have reached the market as yet.
* Difficulty with software development.
Some DISADVANTAGES of ACCOUNTING in Artificial gravity:-
* Expresses accounting information in terms of money.
* Accounting information is based on the estimates.
* Accounting information may be biased.
* Recording of fixed assets at the original cost.
* Manipulation of records.
* Money as a measurement unit changes in value.
Artificial intelligence will Help us in every field of life in Future
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