AI and data visualization

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26 Terms

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1. What does the FGCU article say about AI’s role in data visualization?

AI is transforming data visualization by enhancing how data is processed, analyzed, and presented.

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2. What takes most of the time when creating data visualizations?

The data analysis process—not the actual making of visuals.

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3. How does AI help with data preparation?

AI scans large datasets to clean data and find patterns, saving enormous human resources.

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4. Can AI replace humans in software like Power BI or Tableau?

No. AI can suggest visualization types and generate some visuals, but it does not replace human creation or interpretation.

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5. What prompt did the group give Microsoft Copilot?

They gave Copilot the same project background and asked it to discuss:
– How AI affects the topic now
– Near-term changes
– Benefits and concerns
– Preparation for these changes
– Nuances, examples, perspectives
– Lessons learned from using AI.

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6. What guiding questions were suggested for AI/data visualization research?

Examples:
– How is AI integrated?
– What is changing because of AI?
– Benefits/challenges (general + accounting)?
– Ethical/professional issues?
– Risks and how to manage them?
– Needed skills?

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7. What research suggestions were given to the group?

Each member should research independently, consider all stakeholders, use AI thoughtfully, fact-check, think critically, and experiment with different tools and prompts.

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8. What are examples of natural language querying tools?

OpenAI’s GPT, AI chatbots, text summarization, speech recognition, legal & healthcare document processing.

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9. What are examples of predictive forecasting use cases?

Predicting customer behavior, detecting fraud/security risks, supply chain optimization.

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10. How is AI currently used in accounting firms?

Audit document review (Deloitte), unifying tech stack (EY), tax research, and accounting/bookkeeping automation.

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11. How will AI change data prep?

Faster analysis and less manual prep—AI cleans data instantly, giving more time for interpretation.

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12. What does “always-on dashboards” mean?

Dashboards that auto-update and give alerts, shifting teams from monthly/quarterly reporting to continuous oversight.

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13. What features are expected to grow?

More in-depth explainable AI, personalized dashboards for any industry, and immersive visualizations.

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14. How does AI improve efficiency?

Automates reconciliations, invoice processing, and categorization.

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15. How does AI enhance fraud detection?

It identifies irregular transactions humans may overlook, improving accuracy and audit assurance.

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16. What is a major concern with relying on AI output?

Over-reliance can lead to incorrect assumptions—human oversight is needed to validate results.

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17. How does AI impact the accounting workforce?

Routine tasks decline; accountants must shift toward analytics, visualization, and model supervision.

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18. What is the risk of poor explainability, and how is it managed?

If AI logic isn’t understood, it can cause errors.

Management: ensure AI’s logic for processing/storing/protecting data is understood.

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19. What is automation bias, and how is it mitigated?

It’s blindly trusting AI outputs.

Mitigation: regular AI audits + human oversight.

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20. How does historical data cause biased visuals? How to address this?

AI models trained on old data produce biased or unfair predictions.

Mitigation: back up data, update algorithms, monitor performance.

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21. What is data storytelling?

Explaining results clearly and connecting data to goals and opportunities.

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22. What are visualization skills?

Choosing the right charts, labeling clearly, and using simple visuals that support the data.

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23. What is governance awareness?

Knowing what data can be used in AI tools, following permissions, and documenting data sources and transformations.

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24. What is explainability as a skill?

Recognizing anomalies, trends, and forecasting patterns; explaining limitations; translating insights into plain English.

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25. What is the overall impact of AI on visual analytics?

AI scans for patterns far faster than humans, creating automated and streamlined analysis and supporting generative visuals.

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26. Is AI taking jobs in this field?

Not exactly—it’s shifting work away from data cleaning and toward interpreting results and applying insights to business goals.