We're once again joined by Pascal Finnette, co-founder and chief heretic of be radical. Be radical is a guiding force for organizations seeking to restructure in anticipation of future challenges, and it inspires individuals to evolve into leaders prepared for the demands of tomorrow's world. I've engaged in numerous discussions with Pascal about shifting mindsets and embracing disruption. In this episode, we delve deeper into the realm of artificial intelligence, seamlessly continuing our exploration from the previous episode featuring Don Tomoff on how CPAs can initiate their journey with A.I.
Pascal recently delivered a thought-provoking address at the digital CPA conference, asserting, "Companies and individuals leveraging A.I. won't just outperform those who refrain from its use; they will exponentially surpass them." Similar sentiments have echoed lately, urging us to harness the power of A.I. to our professional advantage. The expectations surrounding the transformative impact of this technology on our work, lives, and the world are immense.
While most c-suite executives anticipate cost savings this year through A.I.'s contributions to increased productivity, streamlined operations, improved customer service, and enhanced I.T., it's essential to recognize that A.I. cannot entirely replace human expertise in addressing the intricacies of tax and financial assessment problems. Many of the cutting-edge technologies developed by vendors are still works in progress.
Despite ongoing refinement needs, the utilization and potential of A.I. are experiencing rapid growth, making it an undeniable game changer. In my conversation with Pascal, we explore how A.I. has already reshaped our work and lifestyles. We discuss the challenge of regulating A.I., the first steps CPAs should consider when integrating A.I. into their business, and focus on what isn't going to change.
Resources:
192. Tech, talent and the future of audit, with Christina Ho
191. The future of finance, with Tom Hood
190. Benchmarking CAS, with Amy Bridges and Beth Allen
189. The alchemy of accounting, with Ingrid Edstrom and Mathew Heggem
188. U.S. joins global e-invoicing movement, with Alex Baulf
187. Cybersecurity: Knowledge is power, with Stan Sterna
186. The many faces of inclusion, with Jessica McClain
185. An advocate for the people, with Brooke Lierman
184. Ethics in A.I., with Enrico Palmerino
183. MarylandSaves: Retirement savings made easy, with Glenn Simmons
182. Cultural Opportunities....and Landmines, with Stacey Rodgers
181. The ABCs of ESG, with Alyssa Rade
180. Health is wealth, with Jill Myers
179. Getting meta about virtual worlds, with Glenn Friedman
178. Anoop Mehta: A blueprint for growth
177. Value starts with relationships, with Michelle Golden River
176. Burn ladders, build bridges, with Dr. Alan Patterson
175. Riding out the Great Resignation, with Gabrielle Bosche
174. Tax compliance circa 2022, with Sona Akmakjian
173. Regulation's revolution, with Mike Manspeaker
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