Monday, October 10, 2022

AI-Driven Financial Decision-Making - The Next Frontier for Traditional Finance

CFOs & CIOs, the article entitled “AI Isn’t Ready to Make Unsupervised Decisions” the
Harvard Business Review (September 2022) argues that “AI has progressed to compete with the best of the human brain in many areas, often with stunning accuracy, quality, and speed. But can AI introduce the more subjective experiences, feelings, and empathy that makes our world a better place to live and work, without cold, calculating judgment? Hopefully, but that remains to be seen. The bottom line is, AI is based on algorithms that respond to models and data, and often misses the big picture and most times can’t analyze the decision with reasoning behind it. It isn’t ready to assume human qualities that emphasize empathy, ethics, and morality.” Conclusion: Today - Artificial Intelligence can assist, however, tomorrow - AI will help lead financial decision-making.


Nevertheless, the new Finance, Accounting and Banking - Career Transformation Guide (2022 v2) includes valuable information that will equip both CFOs and CIOs to build a nextgen AI-driven finance organization - Careers, Salaries (demand and growth), Certifications and Training programs, Publications and Portals along with Forums and Communities for professionals. The guide focuses on Accounting and Audit, Banking, Capital Markets and Securities, Corporate Finance, Financial Modeling, FinTech and Technology, Risk Management, Wealth Management along with C-Suite and Executive Education. Certifications include FMVA, CPA, CCT, CBCA, CMSA, SIE and many more. We partner with the AICPA, Corporate Finance Institute (CFI), Wharton School (Online), New York Institute of Finance (NYIF), American Bankers Association (ABA), Independent Community Bankers of America (ICBA), ICI and the AACE International.


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Much career success, Lawrence E. Wilson - Financial Certification Academy (share & subscribe) [https://tinyurl.com/2p9xx4vm


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