Laura Niit: Blind trust in artificial intelligence is leading people into serious trouble

According to accountant Laura Niit, one of the current problems in the accounting sector is, among other things, the rise in unemployment. This is because many companies prefer outsourced services over permanent employees, as they are more cost-effective and flexible.

However, laid-off accountants often lack the opportunity to find new employment, as they have spent their entire careers handling the accounting of just one company. “When such a person enters the market and starts offering services independently, they lack experience across different economic sectors, fields of activity, and markets, including foreign markets. As a result, the quality of accounting services has noticeably declined over the past ten years,” she said.

In addition to rising unemployment, excessive reliance on artificial intelligence is also a problem. “An accountant must clearly understand the level of responsibility they bear toward their clients,” she added.