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:
173. Regulation's revolution, with Mike Manspeaker
172. Resilience, perseverance and strength, with Kelly Mann
171. CPA 101, with Jerry Maginnis
170. Changes of state, changes of thought, with Pascal Finette
169. The power of curiosity, with Todd Kashdan
168. Showcasing possibility, with Dalton Tong
167. Cybersecurity is everyone’s business, with Clar Rosso
166. Remembering Maryland's first Black CPA, with King, King & Associates
165. Auditing for ESG, with Ami Beers
164. The importance of legislative advocacy, with Tom Hood
163. Dousing burnout, with Dr. Britt Andreatta
162. The search for work … and for workers, with Lauren Welkie
161. How finance can leverage A.I. for good, with Neil Sahota
160. What’s new in tax? With Edward Karl
159. Barrett Young ... the strongest CPA you've ever seen?
158. Our profession’s future? 'All are welcome,' with Crystal Cooke
157. Managing your remote teams, with Jennifer Wilson
156. Off-script: Better leadership through improv, with Peter Margaritis
155. Augmented reality and the future of the profession, with Dina Broydo and Rachelle Hernandez
154. Accounting's future rests with people who care, with Dr. Freeman Hrabowski & Kimberly Ellison-Taylor
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