Accountants predict AI-driven business surge | Computer Weekly

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“At this stage, putting a particular number on the economic growth potential and job creation is challenging due to several variables, including macroeconomic factors and the recent UK elections,” said Charles Aladesuru, research manager for European enterprise solutions at analyst IDC. Firms will need a strong ethical foundation to make the most of AI, and they need to ensure technologies such as large language models do not undermine trust through erroneous results or hallucinations. Sage, for its part, has recently filed patents focused on “detecting and preventing AI hallucinations”, according to its chief technology officer, Aaron Harris. This includes supporting the evolution of new assurance techniques specifically for algorithmic systems.” Accountants, he said, will continue to apply their ethical standards to any AI tools they use. IDC, for example, reports that 77% of leaders in finance, HR and operations see GenAI capabilities as moderately or highly important when it comes to selecting new business applications.

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