Which assets are not depreciated?

Some assets can be depreciated, which means you can claim a portion of their value on taxes. Inventory also cannot be depreciated because it is a Current Asset that a business plans to convert into customer cash in the short term. But if inventory loses its value (eg...

Chat GPT, Generative AI and the future of creative work

Statistics of ChatGPT & Generative AI in business: 2023 Report When prompted, they are then able to generate content and details that are similar or closely match the material it was trained on. However, if these trends extend into generative AI systems used...
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