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:
132. Automating corporate compliance | with AJ Yawn and Jeff Cook
131. Where we've been ... and where we're going | with Tom Hood
130. Wanted: A more diverse profession | with George Willie
129. What to know about PPP Round 2 | with Erik Asgeirsson and Lisa Simpson
128. Digital transformation in corporate finance | with Wayne Slater
127. Looking back ... and ahead on the CPA profession | with Allen DeLeon
126. Choosing to thrive as 'the worst year ever' comes to an end | with John O’Leary
125. State legislative issues start with finance | with Tom Hood
124. The post-pandemic office and the future of work | with Cheryl Duvall
123. What’s your 'And?' | with John Garrett
122. Cybersecurity and COVID-19: How to protect your firm and your clients | with Scott Fleszar
121. The 3 Ps of taxes: Politics, policy ... and patience | with Edward Karl
120. Creating the Progressive Accountant | with Twyla Verhelst
119. Finance, football and the future of the profession | with Jeff Goering
118. DEI in accounting 'still a challenge' | with Anoop Mehta
117. Me and my bot: The future of accounting | with Byron Patrick
116. How A.I. will change everything | with Alexander Hagerup
115. Great leadership is healing leadership | with Ed Kless
114. Integrated reporting: Value beyond the numbers | with Charles Tilley
113. Are you master of your domain? .CPA now available | with Erik Asgeirsson
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