Professor David Yermack's comments at the 2018 Ross Roundtable on how AI and blockchain will influence the future of accounting are featured
— October 31, 2018
Excerpt from Accounting Today -- "'The distributed ledger reduces the need for audit by 97 percent,' he said. 'Auditors in the future will be competing on the basis of productivity, which will essentially mean who has the fastest hardware and software. And fraud, in the classical sense, will be all but impossible.'"