Why VC Is a Bigger Threat Than AI

How big money could change everything.

By Seth Fineberg
At Large

Here is some truth, at least that I believe, accountants need to know: Accountants in practice today, particularly firm owners, should be more afraid of venture capital entering the profession than AI or any like form of automation. A bold statement, I know but stay with me and see if you agree.

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At the core of this viewpoint is how I believe the two will, respectively, impact the profession at large. The major difference, to me, is that one has the potential to help the profession move forward while the other could change its dynamic for the worse.