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Generative AI to automate 46% of time spent on accounting tasks

In India, the most impacted job is accounting and book-keeping, followed by word processors and related operators: Report

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Generative AI to automate 46% of time spent on accounting tasks
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28 Nov 2023 1:05 PM IST

Different Tasks Done by Gen AI

• 30% or more of time spent on tasks involved in white-collar roles could be done by it

• Less than 1% of a blue-collar workers’ job in a working week could be done by it

• It can do administrative roles like scheduling appointments or answering, directing calls

New Delhi: Generative AI has the potential to automate 46 per cent of time spent on accounting tasks in India by 2032, a new report showed on Monday.

About 30 per cent or more of the time spent on tasks involved in some white-collar roles (like accountants, bookkeeping clerks, word processor operators, administrative secretaries, stall/market salespersons) could be done by generative AI.

In comparison, less than 1 per cent of a blue-collar workers’ job (like weavers, knitters, waiters, bakers/cooks etc) in a working week could be done by generative AI, according to a report by learning company Pearson.

Many administrative roles contain repetitive tasks -- such as scheduling appointments or answering and directing calls - that can be easily replicated by generative AI. This trend is especially notable in India, where the report highlights a significant 29 per cent difference in the task-level impact between the most affected white-collar and blue-collar jobs.

In India, the most impacted job is accounting and book-keeping (46 per cent), followed by word processors and related operators (40 per cent).

“As employees look to the future, understanding which jobs are at risk from AI allows them to prepare. They should also consider where new roles might be created by Gen AI. Workers and employers should look at how they can ride this wave of change by using the best of AI and the best of human skills together,” said Mike Howells, President, Pearson Workforce Skills.

The least impacted jobs in India are working proprietors, directors and executives in transport and communication and sales and marketing managers. The latest Pearson’s ‘Skills Outlook’ series looked at the impact of generative AI on more than 5,000 jobs in five countries -- Australia, Brazil, India, the US and the UK.

Generative AI Pearson Mike Howells Skills Outlook 
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