Inside EY’s Generative AI Rollout and Tax Challenges (Podcast)

Ernst & Young LLP is developing a generative AI tool for tax professionals that’s meant to automate repetitive data work and make tax planning more efficient.

_{Listen here and subscribe to Talking Tax on Apple Podcasts, Spotify, Megaphone, or Audible.}

The Big Four company is investing $1.4 billion into gen AI globally. Other Big Four firms have made similar pledges. The investments are in part a bet that the technology can fill in some gaps from the longstanding accounting shortage.

But implementing the technology in tax departments is difficult, in part because ...