XBRL is outdated?
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AI can replace structured data? That’s news to AI. Hear from XBRL International CEO John Turner on exactly why AI needs XBRL in his latest post. “XBRL isn’t a burden; it’s the fuel for AI-powered analysis, ensuring accuracy, comparability, and decision-usefulness,” he says.
“Ditch structured data in favour of AI scraping PDFs? Sure—if you want your investment models built on guesses and markets running on vibes.”
Users – investors, regulators and more – don’t want extra risk from AI hallucinations. They need reliable, traceable numbers and commentary directly from companies, signed off by management.
“Structured data isn’t the problem—it’s the solution.”