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Mark Minevich, a renowned AI pioneer and strategist, recently launched his book Our Planet Powered by AI, in which he reaffirms his belief that AI will replace certain jobs such as book-keeping and accounting in the coming years. However, he also believes that humans can co-exist with AI in the workplace if they focus on developing their innate capabilities such as creativity, emotional intelligence, flexibility and strategic thinking. This article provides an overview of the different categories of AI, such as Artificial General Intelligence, Artificial Narrow Intelligence, Machine Learning and Deep Learning, and how AI can transform the tax function for stakeholders.