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The adoption of AI and automation is transforming jobs in the finance industry. Routine tasks such as data entry, reconciliation, and reporting can be automated, potentially leading to job displacement. However, there will always be a need for human experts who can interpret data, make informed decisions, and provide advice to clients. AI-powered algorithms can now automate time-consuming and repetitive tasks such as data entry, record keeping, and reconciliations, enabling finance professionals to focus their energy on more strategic and value-added activities.
