In order to comprehend why Artificial Intelligence is so relevant to the companies that performs in tax area today, we firstly need to understand how the technology advanced through the years.

Back in 1949, Arthur Lee Samuel introduced us to what probably was the first A.I. demonstration: a self learning program, provided with an awesome technology for that time. In the following year, the world met Alan Turing, through his bold test which sought to respond questions like “are machines capable of thinking?”.

After this, the technology timeline advanced extremely fast; creative invents and systems attracted all the people’s attention, allowing dreams about a boundless future. From the Dartmouth College foundation – first A.I. group -, in 1956, to Watson and his Cognitive Computing, em 2011, so much happened. A lot of incredible minds working together in fascinating projects that we may don’t know yet or that may never be concluded. All this leaded us to this moment we live now.

But a question remains: “how does exactly works the Artificial Intelligence?”.

In an abridged explanation, is possible to say that A.I.’s functioning happens in the following way: a) Understanding – through natural language processing; b) Reasoning – creating and testing hypothesis; c) Learning – saving records. It is essential keep these details in mind as considering the artificial intelligence application in the legal and tax areas.

Currently, there are some systems been used in these fields, as RPA – Robotic Process Automation, Machine Learning and  IOT – Internet of Things, for example. All them share the same goal: simplify complex procedures, preserving accuracy. The time we live now turned softwares and robots into a necessity for people and for business, as well. We are allowed to say that a revolution occurred, which altered daily routines completely.

Refusing the use of these tools means to be forgotten. Companies need to adopt innovative ways to conquer attention of their clients and stand out in their competitive scenarios. Ignoring the progress is the same as stay behind.

According to a research from The Economist, over than eight professions have 50% of chance of being replaced by robots in twenty years. It may be scary to professionals, but it is necessary to see this fact as an improvement opportunity instead.

Certainly there is no need to be afraid of machines if we find ways to use them at our advantage. If there is a chance of increase the productivity of our business, preserving agility, accuracy and exactness, for example, then why not enjoy it?

It is time of being visionary, as the pioneers of technology, and initiate a true revolution in the market. We can not get stuck on our comfort zones when there is so much to discover, find and create. The world craves for the new, today. We shall attend this demand.