Be Serious About AI, Not Amused

Seven essential things to know.

By Hitendra Patil
Client Accounting Services: The Definitive Success Guide

Unless you live under a stone, you would have heard about all the craze ChatGPT has created recently. And most likely, you, too, are amused by it.

MORE: In “AiCCCOUNTANTS,” Hitendra Patil Demystifies Artificial Intelligence for Accountants | How to Offer Proof to CAS Prospects | You Don’t Need a CAS Sales Pitch | Get Clients to Toot Your CAS Horn | How to Market CAS to Existing Clients | Five Methods to Show Your Firm’s Marketable Value | Seven Ways to Market Your CAS Offering
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An artificial intelligence-powered tool, it is one of the first that allowed people to directly interact with AI in a familiar way how we use chat functions on mobile phones and websites. This ease of access and usage gave it a huge fan following. Moreover, it triggered a tsunami of new AI tools emerging all over the internet.

Posted on March 5, 2023

Hitendra Patil

About the Author

Hitendra Patil is the president of the Global F&A and CPA outsourcing services unit of Datamatics Business Solutions, Inc., a global provider of outsourced accounting, bookkeeping, finance, tax preparation, audit & assurance, payroll and demand generation & data services.

He is one of the profession's leading authorities on accounting technology, accounting firm innovation, and client accounting and advisory services (CAS / CAAS) and among the Top 100 Most Influential People in Accounting, the Top 10 Accounting Influencers to Follow on Social Media, and the Top 100 Accounting Social Media Leaderboard.

He is the best-selling author of
“The Definitive Success Guide to Client Accounting Services.”

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and
"Accountaneur: The Entrepreneurial Accountant."

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For over 20 years, he has worked exclusively for the accounting industry, leading several functions, including accounting, payroll, tax, and advisory services and technology solutions used by professional accountants.

He is a regularly published author in many leading publications in the United States accounting profession. Accountants have bought his best-selling books in 12 countries across five continents. He frequently provides fresh thought leadership and actionable insights to the accounting profession about CAS/CAAS, practice growth, entrepreneurship in accounting, and emerging technologies, such as artificial intelligence, machine learning, blockchain, and cybersecurity.

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Patil's newest book is, "Rise of The AiCCOUNTANTS: The What, Why, and How of Artificial Intelligence – Exclusively for Accountants.”
Available here

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