Kaggle

Kaggle is a an online community of data scientists and machine learning practitioners per this video, What is Kaggle: An Introduction and Walk Through.  You can use Kaggle to:

  • Publish data sets or use data sets published by others
  • Publish models or use models published by others
  • Collaborate with others
  • Enter competitions to solve data science challenges
What I am most interested in right now is the fact that I can publish data sets.  The first data set that I published was SFAC 6 Elements of Financial Statements.


It is my personal view that data sets or better yet information sets will be monetized by accountants in the future.  In my view, a data set can be tied to an NFT (Non Fungible Token).

This next phase of financial accounting, reporting, auditing, and analysis will be driven by high-quality machine readable data and information sets curated by accountants.  Accountants might not grasp this idea if they don't understand that we are going through a phase change.

Here is an example.  By now pretty much everyone has heard about ChatGPT.  Guess what.  These folks have the idea of BloombergGPT: A Large Language Model for Finance. Large language models (LLMs) drive GPT-4.

No one knows how all this stuff is going to shake out.  But those fiddling with the technology will be the ones to figure it out, not those sitting on the sidelines.

Here are some other data sets that I created and uploaded.

  1. PROOF IMPORT is a JSON file that can be loaded into General Luca or Luca which is part of Auditchain Suite to create an XBRL-based financial report.
  2. PROOF IMPORT is an Excel file that can be loaded into the same software as above.
  3. IMPORT-SFAC6-JSON
  4. IMPORT-SFAC6-Excel
  5. IMPORT-MINI-Excel
  6. IMPORT-MINI-JSON

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