![\"Business](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/AI-chat-1200x792.jpg\")
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Image source: Getty Images<\/p>\n
Oh dear, I\u2019m going to need my ISA to start generating even more passive income. That\u2019s because \u2014 due to artificial intelligence (AI) \u2014 the end is nigh. No, not because a rogue state might use it for dubious purposes. Instead, I\u2019ve just read that accountants are currently in what\u2019s predicted to be the seventh fastest-declining job role over the next five years. And I\u2019m one.<\/p>\n
Thankfully, Derek Blair, the new president of the Institute of Chartered Accounts in England and Wales, disagrees. He says: \u201cRather than killing the profession, AI is likely to make it more exciting and more attractive as it frees us up from the mundane tasks to deal with more important issues.\u201d<\/p>\n
More exciting? And you thought accountants were dull.<\/p>\n
A game-changer<\/p>\n
Whatever the truth, it\u2019s clear AI\u2019s going to touch many aspects of our lives, including how we invest.<\/p>\n
To try and capitalise, I have a stake in an investment trust<\/a> \u2014 Landseer Global Artificial Intelligence \u2014 specialising in the sector. Cleverly, it uses the technology to help identify potential investments. Having said that, with five of the Magnificent 7 among its top 10 holdings, I\u2019m not sure this is necessary.<\/p>\n As safe as houses<\/p>\n But if more of us are to be replaced by robots, dividend income\u2019s going to have to also replace our salaries. Fortunately, the FTSE 100\u2019s highest-yielding stock<\/a>, Taylor Wimpey (LSE:TW.<\/a>), happens to be \u2014 in my opinion \u2014 one of the least likely to be threatened by AI.<\/p>\n That\u2019s because the country\u2019s estimated to have 1.3m people on waiting lists for social housing and an overall shortage of 2.5m homes. And even though they are probably very warm, I don\u2019t think people want to live in data centres.<\/p>\n Over the past few months, I\u2019ve watched a new house being built. And while I\u2019m sure 3D printing will make it quicker and easier to build walls, there\u2019s no way a robot will ever be able to undertake the work that I\u2019ve seen the electricians, plumbers and tilers do.<\/p>\n I reckon Taylor Wimpey\u2019s business model\u2019s safe for now.<\/p>\n Challenging times<\/p>\n But a lack of housing supply is only one half of the story. Unless people can afford to buy, there\u2019s little point building more homes. Although the Bank of England has cut interest rates five times since their post-pandemic high, borrowing costs are still at historically high levels. The base rate was last at 4% in May 2004.<\/p>\n And before taking on a mortgage people need to have confidence that their own personal financial circumstances are reasonably secure. The UK\u2019s most important economic indicators are giving mixed messages at the moment. This could put a housing market recovery in jeopardy or, at best, delay it further.<\/p>\n Reasons to be cheerful<\/p>\n However, I\u2019m optimistic about Taylor Wimpey\u2019s prospects and those for the sector as a whole. At the lower end of guidance, the group expects to sell (excluding joint ventures) 4.3% more units in 2025.<\/p>\n Meanwhile, adjusted operating profit is forecast to be very similar to that achieved in 2024. At 27 July, its order book was \u00a32.19bn and it retained a net cash position. This should help underpin its generous dividend. Based on amounts declared over the past 12 months, the stock\u2019s yielding over 9%.<\/p>\n On balance, I think it\u2019s one for accountants (and others) to consider.<\/p>\n","protected":false},"excerpt":{"rendered":"Image source: Getty Images Oh dear, I\u2019m going to need my ISA to start generating even more passive…\n","protected":false},"author":2,"featured_media":84714,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,42667,6014,4698,4701,4702,4703,4704,4705,4706,4707,86,42666,56,54,55],"class_list":["post-84713","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-author-cmfjbeard","tag-category-dividend-shares","tag-category-investing","tag-partner-feeds-dbc-media","tag-partner-feeds-fineco","tag-partner-feeds-flipboard","tag-partner-feeds-msn","tag-partner-feeds-pluto-invest","tag-partner-feeds-sharesight","tag-partner-feeds-yahoo-uk","tag-technology","tag-tickers_global-lse-tw","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/84713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=84713"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/84713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/84714"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=84713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=84713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=84713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}