Lochhead, Yoon: What Accountants Do when AI Makes Accounting Free | The Distruptors

The old answers to old problems don’t work anymore.

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The Disruptors
With Liz Farr
For CPA Trendlines

Accountants, one of the most prized varieties of knowledge workers, are in trouble. AI is coming for the jobs. But Christopher Lochhead and Eddie Yoon may have an answer.

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Lochhead and Yoon, who style themselves “the Category Pirates,” are suggesting the biggest change in the nature of work in decades.

In the age of AI, Eddie Yoon says, “knowledge is essentially free.” The credentials, specializations, and years of study that went into becoming an accountant are becoming commodities. Yoon describes a pyramid of knowledge work. At the base is “memorize and regurgitate,” where the majority of professionals have thrived. Above that is “synthesize and curate.” And at the rarefied top are the non-obvious connections: the insights that link disparate facts in ways no one else sees. AI, he argues, is already demolishing the lower tiers.