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Xero Australia country manager Will Buckley is excited about where ChatGPT and similar technology will take the tax profession.
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Work-in-progress AI ‘rich with possibilities’
24 February 2023
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8 minute read
Xero Australia country manager Will Buckley says artificial intelligence is rich with possibilities for the accounting profession and that he couldn’t resist testing ChatGPT – the high-profile bot launched last November by OpenAI.
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“I was excited to get into it and just see what's capable of,” Mr Buckley said on this week’s Accountants Daily podcast. “A couple of the questions that I chucked in there I got complete nonsense responses!”
“I started to go down the tangent of trying to figure out if it was capable of delivering tax planning advice. So I asked some questions [for example] how would you navigate through establishing a pretty good estate plan and self-managed super fund for high-net-worth individuals?”
“Obviously, the technology is not all the way there yet!”
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