transformation in business. He explains AI in simple terms and

highlights its ability to extract insights from vast amounts of data.

Kurt shares his journey into AI consulting and emphasizes the need for

businesses to stay ahead of technological changes. He discusses the

challenges of change, risk, and ROI in digital transformation and offers

strategies for overcoming them. Kurt also explores the role of internal

teams as advocates for AI implementation and the value of customized AI

solutions for businesses. In this conversation, Kurt and Samuel discuss

various aspects of implementing AI in businesses. They cover topics

such as choosing the right AI solution, defining goals and strategy,

starting small with AI projects, identifying areas for cost savings,

replacing manual processes with AI, and getting started with AI

education. The conversation highlights the importance of understanding

the culture and needs of a business when selecting an AI solution. It

also emphasizes the value of starting with small, cost-saving projects

to build AI proficiency and gradually expanding to more complex

initiatives. The conversation concludes with the recognition that the

current era presents the greatest opportunity for businesses and

individuals to leverage AI and transform everyday life.

Kurt: https://www.linkedin.com/in/kurtrstein/

Chapters
00:00 Introduction and Background
01:16 Explaining AI to Non-Technical Individuals
02:00 AI in Business: Extracting Insights from Data
03:17 AI Applications in Credit Card Fraud Detection
04:18 Kurt's Journey into AI Consulting
07:33 The Importance of Digital Transformation
08:40 The Excitement of Strategy in Digital Transformation
09:28 Adapting to Changing Customer Expectations
11:50 The CEO's Perspective on Digital Transformation
13:17 The Impact of Generational Changes on Business
16:24 Retaining Talent in the Age of Digital Transformation
18:17 The Cost of Employee Turnover
20:22 The Role of AI in Reducing Repetitive Work
21:32 Challenges in Digital Transformation: Change, Risk, and ROI
23:24 Overcoming Resistance to Change
25:35 The Importance of Internal Teams as Advocates
27:22 The Fear of Job Loss and the Need for Education
29:04 The Value of AI in Business Decision-Making
32:19 Addressing Challenges in AI Implementation
36:06 Differentiating with Customized AI Solutions
37:23 Creative Uses of AI for Small Businesses
40:31 Developing an AI Strategy for Business
42:36 Choosing the Right AI Solution for Your Business
46:27 Defining Goals and Strategy for AI Implementation
48:30 Starting Small with AI Projects
50:05 Differentiating AI Implementation
52:33 Identifying Areas for Cost Savings
54:12 Replacing Manual Processes with AI
56:30 Getting Started with AI Education
59:23 The Biggest Opportunity in AI