Editor’s Talk

Editor's Talk (From JAP No. 65)

Dear all readers.

      Starting from 2024 onwards, contemporary technology is rapidly changing the world to rotate at a faster rate than ever before. Large businesses are increasingly applying artificial intelligence to manage their businesses. What needs to be differentiated is that the concept of "Automation" is not the same thing as "Artificial Intelligence"

      Automation involves using technology to automate repetitive and frequently occurring activities, such as entering data or filling out forms. The goal is to improve efficiency and reduce costs. Automation eliminates manual data entry errors. Artificial intelligence, on the other hand, involves developing algorithms that can learn over time. Performance can be improved through training. The goal of AI is to create algorithms to perform complex tasks such as processing human language, recognizing things in visual form or supporting the decisions of executives.

      Accounting professionals in all six areas must carefully consider AI's potential and the magnitude of impact it will have on the accounting profession. Artificial intelligence is increasing in importance and changing the paradigm for the direction of our professionals like never before. May everyone work hard, be mindful, and earnestly study and seek additional knowledge in other related areas in order to welcome a year of great change for all of us.

      See you in the next issue.
 

Asst.Prof.Somchai Supphatada
Editor

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