August 29, 2023

Admin 2.0: How AI is Simplifying Office Administration

32 minutes

In this episode, the DAS crew focused on the role of AI in simplifying office administration. The crew discussed how AI is transforming various aspects of office administration, including HR, IT, Business Process Management, Finance, Supply Chain, and Legal.

The conversation centered around the benefits of AI in these areas, as well as potential challenges and concerns related to AI adoption.

Key Points Discussed:

HR and AI:

AI can be used for employee onboarding, employee relations, and payroll management.

The potential for AI to replace human interaction in HR was discussed, with concerns raised about the potential for AI to create a barrier between employees and management.

An idea was proposed for AI to suggest other employees who are well-versed in a subject when a query is raised, encouraging human interaction and knowledge sharing.

IT and AI:

AI is used in managing IT within corporations, including supplying computers and laptops, managing network infrastructure, and providing internal user support.

An example was given of a company using AI to provide a chatbot that assists with IT issues, saving internal customer support time.

Business Process Management and AI:

AI can assist in the evaluation and optimization of business processes.

An example was provided of an AI tool that automates the creation of checklists.

Finance and AI:

AI can ingest large quantities of data, such as spreadsheets and ERP system outputs, to improve forecasting and budgeting.

AI can assist in forensic accounting and tracking financial irregularities.

Supply Chain and AI:

AI is being used in supply chain management, with many large companies providing AI solutions.

Legal and AI:

AI is being utilized for contract drafting and review, saving time for paralegals and lawyers.

Large language models are being used to draft contracts, and AI is being applied in other areas of legal work such as regulatory and IP risk management.

The discussion also touched on OpenAI's recent enterprise offering announcement, which includes features like code interpretation, larger context windows, encryption, and the ability to prevent data from being used in AI training.

Concerns were raised about the potential for AI to disrupt the landscape of existing AI offerings and the possible implications for smaller companies that have created solutions based on these APIs.

The crews also discussed the potential for AI to be used in a coaching capacity for employees, helping them improve in areas where they may lack understanding or training. However, concerns were expressed about the potential for AI to create further separation between employees and management, potentially causing socialization issues within the organization.

The conversation concluded with a discussion on the role of big tech companies like Microsoft and Google in the AI market, and the potential impact of their AI offerings on smaller companies.

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By The Daily AI Show Crew - Brian, Beth, Jyunmi, Andy, Karl, and Eran

2.3

33 ratings