People still crunch numbers, naturally, but there was a time in living memory where every account statement was meticulously handcrafted.
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Relative employment (% of jobs in a year) of accountants has doubled since computers; absolute number is probably 5X.
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@patio11 finance is more judgement, and sometimes creativity, than people give it credit for. Computers not (yet!) good at that. -
I totally agree w this, but it also used to involve galactic truckloads of tedious repetitive math for those creatives + others.
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A device that replaces jobs, but it's so complicated that it requires literally thousands of hours just to understand the thing.
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Honestly, I can't envision human beings creating something that doesn't ultimately turn out the way computers did
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regulatory compliance employment up... 1.) as side effect of financial crisis + 2.) as a barrier to entry to smaller players
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1. Regulation has increased 2. It's hard to create programs when guidance can be interpreted in a variety of ways by audit firms
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