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.