“Thomson Reuters a global content and technology company, today released its Future of Professionals Report. The survey of more than 1,200 individuals working internationally shares the predicted impact that generative AI will have on the future of professional work. The survey showed 67% of respondents believe AI will have a transformational or high impact on their profession in the next five years. What’s more, over half of the survey respondents (66%) predict AI will create new professional career paths, while 68% expect roles that do not require traditional legal or tax qualifications to increase over the next five years…67% of respondents indicated their biggest personal motivator was “producing high-quality advice.” To continue this work in the era of generative AI, professionals need to reconsider and redefine what it means to be an advisor and evolve business models to prepare and service customers for tomorrow – not just today.

Generative AI will have a transformational impact on the work professionals do and how it is done, but it will never replace the human element when advising clients and stakeholders.”