How AI Is Actually Changing Accounting with Dr Mfon Akpan

How AI Is Actually Changing Accounting with Dr Mfon Akpan

33:14 Oct 3, 2024
About this episode
AI isn't new. It's been around since the 50s, going through waves of excitement and funding, then lulls. But now it feels different.That's why I started this podcast. I talk to people actually building AI - founders, engineers, scientists. Those doing the work.The goal is simple: show what's really happening in AI. In this episode, I speak with Dr. Mfon Akpan. He teaches accounting and has worked at several universities. He also helps oversee finances for Fayetteville.We cover:How AI is changing accountingTwo ways AI reasons: "chain of thought" and "tree of thought"Why some AI tools are hard to accessProblems companies face when trying to use AIWhy AI tools might get more expensiveDr. Akpan knows a lot about mixing new tech with old-school fields. He's been teaching and researching for over 10 years.If you want to understand AI's real impact on business and society, beyond the hype, this conversation is worth your time.Highlights Timestamps00:56 - From Finance to AI05:37 - How AI Is Reshaping Accounting14:45 - CoT Versus ToT17:40 - AI’s Paywall Problem21:05 - The Challenges of Adopting AI23:27 - Will Advanced AI Become a Luxury?29:48 - AI Breakthroughs in Accounting32:40 - Essential AI Tools You Need to KnowEpisode ResourcesDr. Mfon Akpan on LinkedInMethodist University WebsiteRajan Maruthavanan on LinkedInUpekkha WebsitePivotal Clarity | An AI Podcast is handcrafted by our friends over at: fame.so. 
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