akeover: g the Game GLOBAL PAYROLL MAGAZINE
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Automation of Repetitive Tasks: Generative AI, coupled with Robotic Process Automation (RPA), will streamline repetitive and time- consuming tasks like data entry, payroll calculations, and report creation. This field has been evolving rapidly since 2017, and now, a skilled payroll analyst can automate these mundane tasks without even writing code. As Generative AI integrates with business tools, the demand for traditional payroll specialists who apply specific regulatory information to data will decline.
subsequent actions, nudging chatbots and virtual assistants ever closer to Artificial General Intelligence (AGI). Yes, they make some laughable errors now, but their ability to learn swiftly from these mistakes is unparalleled. On the other hand, we humans tend to stubbornly repeat our missteps, clinging to the notion that we are mostly right. Generative AI is poised to revolutionise payroll-related work in profound ways— both positively and negatively. Picture this: payroll employees spending more time chatting with AI assistants than with their spouses.
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