In this episode of Future Finance Show, hosts Paul Barnhurst and Glenn Hopper dive deep into the revolutionary impact of generative AI on industries, with a particular focus on its implications in finance. They explore how AI transforms workflows, enhances productivity, and shifts the focus from tasks to higher-level thinking. The conversation breaks down common misconceptions about AI, such as the overhyped role of “prompt engineering,” and emphasizes how businesses can integrate AI while maintaining data privacy and security.

Conor Grennan, the guest of this episode, is the Chief AI Architect at NYU Stern School of Business and the founder of AI Mindset, a company helping leaders adopt AI effectively. Beyond AI, Conor is a New York Times best-selling author, recognized globally for his humanitarian work. His expertise lies not only in AI implementation but also in helping non-technical individuals understand and utilize AI's potential.

In this episode, you will discover:

• The reality behind generative AI myths and why prompt engineering is overrated.
• How AI transforms jobs by automating tasks, not replacing roles.
• Ways finance professionals can balance AI efficiency with data privacy concerns.
• Why adopting an AI mindset is crucial for leveraging its full potential.
• How embracing AI in your work can give you a competitive edge in your career.

For finance professionals interested in harnessing the power of generative AI while balancing efficiency and security, this episode offers practical insights and frameworks. Conor Grennan’s unique blend of technical knowledge and relatable, human-centered teaching makes this a must-listen for anyone looking to stay ahead in the AI revolution.

Follow Conor:

LinkedIn: https://www.linkedin.com/in/conorgrennan/

Website: conorgrennan.com

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn: https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://qflow.ai/future-finance

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:59] - Concerns about data privacy in AI

[08:32] - Introduction of Conor Grennan

[10:10] - Conor's background and AI journey

[12:40] - The role of a chief AI architect

[16:42] - The truth about prompt engineering

[20:54] - The AI mindset and learning curve

[27:55] - AI’s impact on jobs

[35:23] - Conor's AI course and framework

[37:29] - Conor’s book: Little Princess

[42:47] - Conclusion and final thoughts

In this episode of the Future Finance Show, hosts Paul Barnhurst and Glenn Hopper explore the transformative impact of artificial intelligence (AI) on financial planning and analysis (FP&A). The discussion revolves around how AI tools, from generative AI to sophisticated models like OpenAI's Project Strawberry, are reshaping the finance landscape. The episode features Gabriela Gutierrez, a finance professional turned AI enthusiast, who shares her journey of integrating AI into finance.

Gabriela Gutierrez is a dynamic finance leader and entrepreneur with a strong background in AI, Python programming, and machine learning. She has worked in various financial roles, including FP&A at eBay and as a local CFO for Teads in Germany. Gabriela’s passion for innovation led her to launch a stealth startup focused on AI-powered finance solutions. She shares her insights into the evolving role of finance professionals in the AI era and her experiences in building an AI-centric company.

In this episode, you will discover:

• The potential of AI to automate and enhance FP&A processes.
• Insights into OpenAI's Project Strawberry and its implications for the finance industry.
• The skills finance professionals need to thrive in an AI-driven world.
• How Gabriela Gutierrez transitioned from traditional finance roles to becoming an AI-driven entrepreneur.
• Predictions on the future of finance jobs in the context of advancing AI technologies.

It's clear that the intersection of AI and finance offers both exciting opportunities and unique challenges. This episode provides a wealth of knowledge for finance professionals to embrace AI as a tool for innovation, efficiency, and strategic growth.

Follow Gabriela:

LinkedIn: https://www.linkedin.com/in/gabriela-gutierrez-15ba0571/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn: https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://qflow.ai/future-finance

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[00:59] - Introduction to the episode

[01:43] - Key takeaways from Carl Seidman’s FP&A insights

[07:02] - Exploring OpenAI’s project Strawberry

[11:58] - Gabriela Gutierrez background and career journey

[16:39] - Overcoming challenges in AI integration

[19:51] - Insights on Gabriela’s Stealth Startup

[26:29] - Fun segment: get to know Gabriela

[30:31] - Conclusion and episode wrap-up

This week’s show notes are written by Microsoft CoPilot.

What does the future of accounting and finance look like? How can you leverage technology, especially generative AI, to take your career to the next level? Join Paul Barnhurst and Glenn Hopper as they explore these questions and more with Tom Hood, a renowned leader and innovator in the accounting profession.

Tom Hood is the EVP of Business Engagement and Growth at the Association of International Certified Professional Accountants. He has been a pioneer in integrating technology into finance for over 24 years, and he shares his insights and advice on how you can do the same.

In this episode, you will discover:

• How technology is reshaping the accounting and finance industry and what it means for you.
• How to start using generative AI today to automate tasks, generate insights, and create value.
• How to overcome the fear of failure and embrace risk-taking as a way to learn and grow.
• How generative AI will become more sophisticated and powerful in the near future and what you need to prepare for it.
• How to communicate effectively with your stakeholders and clients in the age of AI.

Don't miss this opportunity to learn from one of the most influential voices in the accounting profession. Listen to this episode and find out how you can harness the power of technology and generative AI to transform your career and the future of finance.

Follow Tom:

LinkedIn: https://www.linkedin.com/in/tomhood/

Company: https://blionline.org/

Blog: http://blionline.org/blog

AICPA & CIMA: http://www.cgma.org/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn: https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://qflow.ai/future-finance

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:38] - Latest AI developments and their impact on the finance industry

[11:40] - Introduction to the episode and guest Tom Hood

[12:58] - The intersection of technology and accounting

[17:03] - Practical benefits and risks of generative AI in finance

[21:03] - The future of generative AI in finance

[30:28] - Advice for aspiring accountants

[32:50] - Fun segment: get to know Tom Hood

[36:55] - Conclusion and final thoughts