AI time savings eroded by verification demands, Sage survey of finance professionals finds
Recent data from accounting ERP provider Sage reveals that AI's time-saving benefits are being significantly eroded by the time required to verify AI outputs. The survey of finance professionals found that 48% spend 15 or more hours per week on verification activities, with 19% devoting over 30 hours weekly. Additionally, 26% of respondents spend more than a quarter of their time figuring out how AI models reached their conclusions in order to explain them to others. The findings highlight a growing productivity paradox where the overhead of auditing AI work offsets the efficiency gains AI promises.
Key quotes
48% of finance professionals across various industries spend 15 or more hours per week on verification activities.
19% devote more than 30 hours a week to such activities.
26% of the respondents said this eats up more than a quarter of their time.
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