Source URL: https://slashdot.org/story/25/08/22/1110257/kpmg-wrote-100-page-prompt-to-build-agentic-taxbot?utm_source=rss1.0mainlinkanon&utm_medium=feed
Source: Slashdot
Title: KPMG Wrote 100-Page Prompt To Build Agentic TaxBot
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AI Summary and Description: Yes
Summary: The text discusses how KPMG Australia is utilizing advanced AI technology to automate complex tax advisory processes. By creating a sophisticated AI agent that leverages extensive prompt engineering, they significantly reduce the time required to generate comprehensive tax advice. This advancement utilizes retrieval-augmented generation—a relevant innovation in the AI and cloud computing landscape.
Detailed Description: The text highlights KPMG Australia’s innovative approach to automating tax advisory work through the development of an AI agent. This initiative showcases the intersection of AI technology with professional services, signifying a monumental shift in tax consultancy practices.
– **AI Agents**: Development of large-scale AI agents capable of handling complex knowledge tasks.
– **Prompt Engineering**: KPMG’s innovative use of a 100-page prompt document to encapsulate tax legislation and expertise, enabling the AI agent to function effectively.
– **Efficiency Gains**: The TaxBot significantly accelerates report generation from two weeks to just 24 hours by automating the process of searching through documents and integrating inputs from tax agents.
– **Integration of Technology**: The system operates on KPMG Workbench, utilizing retrieval-augmented generation, which incorporates models from several leading AI organizations, including OpenAI, Microsoft, Google, Anthropic, and Meta.
– **Practical Application**: The AI agent produces detailed 25-page draft reports, improving efficiency and accuracy in tax advisory.
This development signifies a notable advancement in the AI and cloud computing realms, emphasizing the growing reliance on AI for automating complex processes within professional services firms. These innovations represent a tangible shift toward leveraging generative AI for enhanced operational speed and accuracy, aligning with broader trends in AI security and compliance as the technology becomes more integrated into essential business services.