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Artificial Intelligence is Revolutionizing Schedule K-1 (Form 1065)

ThomsonReuters

Tax & Tech Talks: How AI and Machine Learning Can Help With K-1s. Subscribe to Tax & Tech Talks podcast on Spotify , Libsynpro , and Apple Podcast apps. _. Watch the entire episode. A Complex Undertaking. Unfortunately, the K-1 has a reputation for arriving late,” Investopedia reports. “In

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Will ChatGPT and AI Kill the Investment Banking Industry and Other “Knowledge Worker” Jobs?

Brian DeChesare

The technology behind it is too complex to explain fully here, but it uses supervised/reinforcement learning and all the data on the Internet (as of 2021) to generate text based on statistical probabilities ( Wikipedia has a good summary ). But there are also many risks and ways it could go awry.

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