Accounting for AI: The Autonomous Finance Podcast

The first in our Summer of AI series entitled Boosting Productivity and Well-Being: How AI Can Help Combat Employee Burnout. The session was moderated by Vic AI's own SVP of People, Anna Klombies. And we were joined by Vic AI co-founder Kris Røil, Adey Tadessie-Heath, VP of HR at Floqast, and Babak Rasolzadeh, VP of Machine Learning and Radiology at Tempus Labs.

In the latest episode of "Accounting for AI: The Autonomous Finance podcast," Mark Fisher and Jessica Sadow look at the profound influence AI is projected to have on global productivity and GDP. Specifically, they dig into what it means for CFOs and how they can translate these projections into tactics for their finance departments.

From efficiencies observed in accounting, to the staggering investments in technology, and predicted economic shifts, they dissect the looming transformative wave in the financial sector.

While AI will undoubtedly change the field of finance, it won’t happen on its own. The human touch will be equally as important in realizing the promise of AI productivity gains.

Upcoming Episodes: Check out the upcoming Accounting for AI lineup
Website: https://vic.ai
Email The Show: [email protected]
Connect with Vic.ai on LinkedIn: https://linkedin.com/company/vic.ai

Key topics:
- AI's Impact on Global GDP
- Generative AI's Potential
- Job Disruption and Creation
- Sector-specific AI Implications
- Economic Disparities and Ethical Considerations
- AI's Role in Augmenting Current Jobs
- Quality, Innovation, and Adaptability in Productivity
- AI as a Collaborative Partner
- AI in the Financial Sector
- Efficiency in Financial Processes
- The Ripple Effect of AI in Finance
- Role of Fintech Companies
- Reshaping Roles in Finance
- Skillset Evolution
- Duality of AI as a Tool and Partner in Finance
- The Importance of the Human Touch

Timestamps:
(00:00): Intro
(01:00): "The Global Impact of Technological Advancements on the Economy and Financial Sector"
(02:31): Exploring the Impact of AI on Global GDP
(04:20): "The Paradox of Automation: Job Losses and Job Creation"
(07:37): "The Future of Work: Augmenting Current Positions with AI"
(14:31): The CFO's Role in Driving AI-Centric Cultural Transformation
(20:43): "The Future of Finance: Combining Machine Efficiency and Human Insight"
(21:47): Navigating the Skills Revolution: Growing alongside AI in Finance
(22:05): "Embracing Change: Unlocking the Promising Future of Finance with AI"
(22:48): Outro

Keywords
Artificial Intelligence (AI), Global GDP, Generative AI, Automation, Employment, Productivity, Augmentation, Enterprise software, Natural Language Processing (NLP), Adaptability, Innovation, Collaboration, Financial sector, Fintech companies, Data processing, Loan approval, AI-powered algorithms, Investment, Efficiency, Upskilling, Ethical decision-making

In this episode of "Accounting for AI: The Autonomous Finance podcast," hosts Mark Fisher and Jessica Sadow are joined by special guest Ryan Krueger, a sales engineer with extensive experience in fintech and AI. The trio dives deep into the relationship between people and AI, looking at the impact AI model training can have on people and on how people can influence AI. Join Mark, Jessica, and Ryan as they navigate the evolving landscape of AI, its impact on the finance and accounting sector, and the need for ethical practices in AI-human collaboration.

Upcoming Episodes: Check out the upcoming Accounting for AI lineup
Website: https://www.vic.ai
Email The Show: [email protected]
Connect with Vic.ai on LinkedIn: https://linkedin.com/company/vic.ai

Key topics:
AI in Finance
Data Biases
Ensuring Unbiased Data
Ethical Use of AI in Finance
Future of AI and Fintech

Timestamps:
(00:00): Intro
(01:01): Shaping AI Models: The Importance of Data and Machine Learning
(02:51): The Key Role of Unbiased and Representative Data in AI Training: Insights from Fintech and AI Expert Ryan Krueger
(04:12): "AI Fairness: Is Addressing Bias in Algorithms Enough?"
(06:47): Unleashing the Power of Human-AI Synergy: Enhancing AI Models in Finance and Accounting Through Continuous Learning
(08:14): The Power of AI and Human Collaboration in Fintech
(11:04): "The Future of Finance and Accounting: Embracing AI and Shifting Towards Strategic Roles"
(14:20): "Building a Collaborative Future: AI and Humans Reshaping Finance and Accounting"

Keywords:
AI (Artificial Intelligence), Finance, Accounting, Data, Unbiased, Biases, Representative, Machine learning, Fintech, Algorithms, Decision-making, Ethical practices

Dive into the latest episode of "Accounting for AI: The Autonomous Finance Podcast" with hosts Mark Fisher and Jessica Sadow as they explore real fears surrounding the intersection of AI and finance, like job displacement and redefining roles. This episode also explores how financial professionals can use AI to their advantage not just to combat burn-out but how they can use it to advance their careers.

Upcoming Episodes: Check out the upcoming Accounting for AI lineup
Website: https://www.vic.ai
Email The Show: [email protected]
Connect with Vic.ai on LinkedIn: https://www.linkedin.com/company/vic.ai

Key topics:
Impact of AI on the Finance Sector
Job Displacement and Automation
ChatGPT’s Role in the Finance Sector
Skills for the Future
Data Analysis in Decision-making
Boosting Productivity with AI
Career Advancement in an AI-Driven World

Timestamps
(00:00): Intro
(00:28): "Exploring the Fear and Potential Risks of AI in Finance"
(01:59): "The Rise of AI and the Potential Impact on Accountants"
(03:04): The Limitations of AI in Finance: The Irreplaceable Human Touch
(04:35): The Transformation of Finance Professionals: Embracing AI and Redefining Roles
(09:56): "Practical Applications of AI in Finance: Real-World Case Studies and Hands-On Learning"
(11:14): "Maximizing Career Growth: Embracing AI for Advancement in the Finance Industry"
(14:07): "The Intricate Dance: Exploring the AI-Human Relationship in Finance"

Keywords
AI (Artificial Intelligence), Finance, Accounting, Jobs/Automation, ChatGPT, Technology, Adaptability, Continuous Learning, Data Analysis, Decision-making, Productivity, Career Advancement

In the inaugural episode, Mark and Jessica dive into the topic of autonomous finance and break down what it all means for Finance and Accounting organizations looking to adopt AI.

Upcoming Episodes: Check out the upcoming Accounting for AI lineup
Website: https://www.vic.ai/
Email The Show: [email protected]
Connect with Vic.ai on LinkedIn: https://www.linkedin.com/company/vic.ai

Key topics:
Autonomous Finance
Automation vs. Autonomy in Accounting
AI in Financial Analysis and Risk Management
AI in Predictive Analytics

Timestamps
(00:00): Intro
(00:34): "The Future of Finance: Exploring Autonomous Organizations"
(01:40): "From Automation to Autonomy: The Rise of AI in Finance Organizations"
(04:30): Revolutionizing Financial Analysis and Risk Management: Real-Time Insights, Predictive Analytics, and Effective Risk Management
(06:07): "Unlocking the Future: AI-Powered Predictive Analytics in Finance"
(09:27): Unleashing the Power of AI: Revolutionizing Risk Management
(13:16): "The Promising Potential of AI in Finance: Unleashing the Age of Autonomous Finance
(17:25): "Perceived Risks: Impeding the Adoption of Advanced AI Technologies"
(21:25): "The Future of Finance: Embracing Autonomous Technology"

Keywords
AI (Artificial Intelligence), Finance, Accounting, Autonomous Finance, ChatGPT, Technology, Adaptability, Continuous Learning, Data Analysis, Decision-making, Productivity