AI adoption linked to 13% decline in jobs for young U.S. workers: study

The accounting note is not true in the traditional sense. The field in the US is just getting offshored to India/PH/Eastern Europe for better or for worse. There is even a big push to lower the educational requirements to attain licensure in the US (Big 4 partners want more bodies and are destroying the pipeline for US students). Audit quality will continue to suffer and public filers will issue bunk financials if they aren't properly attested to.

> Audit quality will continue to suffer

I wonder how much this actually matters? I understand that for an auditor, having a quality reputation matters. But if all audits from all firms are bad, how much would the world economy suffer?

Likewise for the legal profession, if all judges made twice the number of mistakes, how much would the world suffer?

> Likewise for the legal profession, if all judges made twice the number of mistakes, how much would the world suffer?

Is this hyperbole? It seems like the real question being asked here is "would the world be worse off without deterministic checks and balances", which I think most people would agree is true, no?

I read it as assuming the deterministic checks and balances are already absent. We have the illusion of determinism but, in practice, audits (and justice) are mostly theatre as it is.

From that perspective, lowering the quality of something that is already non-rigourous might not have any perceivable effect. It’s only a problem if public perception lowers, but that’s a marketing issue that the big-4 already have a handle on.