I'd imagine that when the 80% of less productive time is automated, the market doesn't respond by demanding 80% more output. There's just 20% as much work either making this a part time job or more likely a much smaller workforce as the number of man*hours demanded by the market greatly reduces.
csa|16 days ago
Good accounting teams will have more time and resources to do things like identify fraud, waste, duplicated processes, etc. They will also have time to streamline/optimize existing practices.
Good teams will earn many multiples of their cost in terms of savings or increased earnings.
There may be increased competition for the low-cost “just meet the legal compliance requirements” offerings, but any business that makes money and wants to make more will gladly spend more than the minimum for better service.