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The Dangerous New Normal in Financial Modeling (Thanks to AI)

  • AI is increasingly being relied upon in financial modeling, but there is a risk of errors when using it without a solid foundation in accounting logic.
  • AI should be used as a multiplier to enhance job performance, but not as a standalone educator in financial modeling.
  • The danger lies in missing the big picture or building confidence on shaky ground when solely depending on AI without proper understanding.
  • It is essential to have a strong foundation in the fundamentals of financial modeling to avoid errors and prevent the incorporation of inaccurate information sourced from AI-generated content.

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