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Technology Section

Technology is rapidly changing the future of the CPA profession. Find the latest news on how that technology will impact your firm, business and career.

Latest News:

Jun 23, 2023

Study: AI may give U.S. productivity a 0.7% annual boost through 2040

Generative artificial intelligence may annually boost U.S. labor productivity by 0.7% through 2040, according to a study released just days after the Labor Department reported that productivity by one measure has slumped more than any time since 1948.
Jun 23, 2023

Report: Median cost of ransomware per incident hits $26K

The median cost of ransomware per incident more than doubled over the past two years to $26,000, with 95% of incidents that experienced a loss costing between $1 and $2.25 million, according to a report.
Jun 23, 2023

Technology news from around the web: June 19 – 23, 2023

In case you missed them, here are some recent interesting technology news items from around the web.
Jun 07, 2023

Survey: Generative AI has an increasing effect on the workforce and productivity

Generative AI has an increasing effect on the way organizations do business and it is already impacting the workforce. In fact, 72% of respondents in a survey of 225 U.S. executives conducted by KPMG LLP said that generative AI could play an important role in increasing productivity.
Jun 07, 2023

Second time’s a charm: ChatGPT passes CPA exam after prior version flunked

The artificial intelligence chatbot ChatGPT has passed the CPA exam on its second attempt. ChatGPT-4 recently passed the exams with an average score of 85.1%, outsmarting its earlier version, ChatGPT-3.5, which flunked with a 53.1% average, according to a recently released study by researchers at four universities.

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Technology Section

Latest News:

Study: AI may give U.S. productivity a 0.7% annual boost through 2040

Report: Median cost of ransomware per incident hits $26K

Technology news from around the web: June 19 – 23, 2023

Survey: Generative AI has an increasing effect on the workforce and productivity

Second time’s a charm: ChatGPT passes CPA exam after prior version flunked

Call to join!

Section Details

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