Set $b_0 = \frac{1}{a_0}$, that is $a_0b_0 = 1$. Let's try to set the $b_n$ for n > 0 by induction/recursion.
In the base case n = 0 and we can set the $b_n$ for n > 0 trivially (there are none)
So for the induction step (k < n to n) we have set all $b_j$ correctly, so that for all k < n the terms $\sum_{i+j=k} a_ib_j$ yield zero. Now let's just set our coefficient of concern of degree n:
$\sum_{i+j=n} a_ib_j = 0 $
$(\sum_{i+j=k \setminus\{i=0, j=n\}} a_ib_j) + a_0b_n = 0$
$ a_0b_n = -(\sum_{i+j=k \setminus\{i=0, j=n\}} a_ib_j)$
multiply both sides by $b_0$
$ (b_0a_0)b_n = -b_0(\sum_{i+j=n \setminus\{i=0, j=n\}} a_ib_j)$
$b_n = -b_0(\sum_{i+j=n \setminus\{i=0, j=n\}} a_ib_j)$
This gives a recursive algorithm to set the coefficients of the inverse of f(x).
Previous answers said this was not possible, so maybe my answer is wrong or maybe i did something else. I came up with it when trying to solve an excerzise in an algebra book (Aluffi 3.1.16: Prove that a power series $a_0 + a_1x^1 + a_2x^2 + \dots$ is a unit in R[[x]] if and only if $a_0$ is a unit in ring R.), which, if true implies an inverse at least exists.