Big Four firm develops AI agent capable of completing taxes |
The Australian branch of KPMG is claiming that a 100-page prompt for AI it has written can autonomously create tax advice for clients “far faster than humans.” The branch developed its own bots, using models from such firms as OpenAI, Microsoft, Google, Anthropic, and Meta; it then fed them as much historical tax advice as it could, along with the Australian tax code. “It is very efficient. It does what our team used to do in about two weeks, in a day," said KPMG chief digital officer John Munnelly. "It will strip through our documents and the legislation and produce a 25-page document for a client as a first draft.”
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