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- Accountancy is... fun now?
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In Yoro, Honduras, they have an event called "Lluvia de Peces," or "Rain of Fish." After a heavy downpour, hundreds of little fish end up sprawled all over the ground every year - but no one knows why.
It's a total head-scratcher for both scientists and the folks who live there.
TODAY:
Accountancy just got less boring
AI found out why your beer tastes so good!
Learn about why we’re all in on RAD AI
AI JOBS
Owen Hewitt is a trainee at an accountancy firm in the UK, and is among the first accountants starting their careers with AI tools.
He looks forward to AI handling the boring tasks he faces like crunching numbers, freeing up time for critical thinking about businesses and finances.
The consensus is that while AI is great at sorting through data, it can’t replace human insight for making complex decisions - good news for wannabe accountants.
Matthew Campbell from KPMG notes AI’s benefits in auditing, particularly in doing repetitive tasks faster, which might change the nature of some accountant jobs.
This efficiency gain, however, stirs concerns about job reductions, a sentiment echoed by 40% of senior audit professionals in a KPMG survey.
As AI takes on more of the grunt work, junior accountants are expected to shift towards roles that focus more on managing technology and client relationships rather than traditional bookkeeping - a huge change in what the role of an accountant actually is.
Are we ditching calculators?
Education for accountants is also changing to include data science, preparing them for a tech-savvy future.
Despite worries about AI leading to fewer jobs, many in the industry see it as a way to make work more interesting.
This is also a way to make work more interesting and keep talented professionals by removing the monotony from their day-to-day tasks.
Auditing job vacancies rose by 25% last year
86% of auditors find AI cuts down on repetitive tasks
83% prefer to work for firms that use AI
AI’s growing role in identifying data anomalies is also helping firms improve their auditing process, making the industry more efficient and accurate.
Looks like those long nights spent entering receipts are a thing of the past.
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PRESENTED BY RAD AI
Marketing is an art, not a science — or, at least… it was.
Dubbed “essential AI” for brands, RAD AI decodes the language of the internet into actionable, highly valuable insights.
These findings can be used to deliver outsized ROI, and sometimes, help brands avoid marketing disasters!
RAD AI is disrupting the $633B marketing technology industry and its potential is evident by the numbers…
$27M+ raised since 2018 from 6,500+ investors, including VCs, and execs at Google, Amazon and Meta and is also backed by the Adobe Fund for Design.
~3X revenue growth from 2022 to 2023 — while landing major clients, including Hasbro, Skechers, Sweetgreen and more.
Get in while shares last!
In only 84 days, Nvidia went from $1T to $2T in value. That's the market power of AI.
So ask yourself - is now the time to add AI to your portfolio?
For a limited time, all investors qualify for 15% bonus shares - but the funding round is filling up fast!
GPT of the Week
Meet Wolfram, your go-to for unlocking the power of dynamic computation and curated data. From simple calculations and unit conversions to complex data analysis and custom visualizations, Wolfram brings you efficient and accurate answers directly from the vast Wolfram Alpha and Cloud databases.
AI… BEER
Belgium, known for its fantastic variety of beers, is now using AI to make beer taste even better.
Led by Prof Kevin Verstrepen at KU Leuven, the team is figuring out how our brains understand beer’s complex favours, which come from hunters of the aroma of molecules.
They looked into 250 Belgian beers, checking things like alcohol level, sweetness and over 200 flavour compounds.
They also had panels taste these beers and rate them while comparing notes with 180,00 online reviews.
Their findings?
Even small changes in the beer’s chemical makeup can make a big difference in taste.
They used AI to predict how adjustments in these chemicals could make beers taste better, especially focusing on non-alcoholic beers.
By tweaking the levels of certain substances, they manage to make beers more enjoyable, hitting the right notes in sweetness and body.
While AI helps in perfecting the recipe, the craft and skills of brewers are still key.
This blend of traditional brewing art and modern AI shows a promising way to upgrade our beer-drinking experience without losing the essence of what makes Belgian beers special.
Anybody else thirsty now?
Mindstream Picks
Chinese firm acquires technology for flying cars from Slovakian company Klein Vision.
Microsoft's Xbox Cloud Gaming now supports keyboard and mouse on PC in a limited beta test.
BT and Global have teamed up for a decade-long partnership to modernize payphones and introduce digital hubs in over 200 UK towns and cities.
SEC wins against Coinbase as judge rules unregistered securities claim can proceed to trial, causing 2.5% drop in Coinbase shares.
NASA officials optimistic about resolving Voyager 1 spacecraft's data transmission issue, disrupted since November.
AI Art
Artwork submitted by Mindstream reader Marcus: “Students attending a class taught by Yoda”
An anime-style, space-themed bedroom with colorful posters and figures, featuring a vibrant space view through a window.
Yesterday’s Poll
“Who will win the AI chip wars?”
Team Nvidia 56% ✅
Team UXL Foundation 26%
Team Dark Horse Startup 18%
Reader’s Opinions
“There is more than one path for Nvidia, i.e., acquiring new tech and start-ups allows them to hedge their bets.”-dixie@ma
“The leader in ai is going to be some random company that comes out of the blue with a genius idea- that’s what’s awesome about ai! Everyone has a shot”- corzedyt
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