AI Overwhelm: How to Keep Up in the Age of Furious Change - Dave Hartley | Ep.071
Apr 23, 2024
auto_awesome
Listen to Dave Hartley, a technologist turned CPA, discuss navigating the AI revolution and the challenges of change management. He explores the generational gap in technology adoption, the impact of AI on the workforce, and the importance of governance. Find out how to balance innovation with security and accuracy in the age of rapid technological change.
Balancing innovation and security is crucial in the age of AI to ensure efficient tech adoption.
Designing a remote work environment with intentionality fosters engagement and connection among employees.
Prioritizing benefits realization and strategic tech adoption leads to successful business outcomes.
Deep dives
Challenges of Managing Rapid Technological Changes
Rapid technological changes are posing challenges in organizations as the pace of introducing new tools has significantly increased. With the introduction of new tools almost every two weeks, employees are finding it hard to keep up and get trained, leading to a lack of engagement. Despite massive media coverage, over three-quarters of people in the US have not tried CHET GPT, showcasing the overwhelming nature of tool adoption. Organizations face the struggle of balancing the rate of technological advancements with the ability of employees to effectively adapt to these changes, highlighting the importance of change management strategies and adapting to the evolving technological landscape.
Remote and Hybrid Working Dynamics
The podcast conversation delves into the controversial views on remote and hybrid working arrangements. While organizations are exploring the shift back to the office, there is a strong belief that remote and hybrid work setups are here to stay. Issues arise from employees being forced back to the office, where some may not excel in remote work due to lack of discipline or distractions. Companies transitioning to remote work need to be intentional about designing a working environment to ensure remote employees are engaged and connected through initiatives like in-person retreats and rethinking meeting formats to enhance inclusivity.
Balancing Technological Investments and Business Outcomes
The discussion underscores the importance of balancing investments in technology with achieving tangible business outcomes. Highlighting the need for tech professionals to focus on benefits realization, evaluate the actual returns from technological investments, and address shortcomings effectively, pivoting decisions based on outcomes. Emphasizing the risk of inadequate ROI due to tool overwhelm or lack of clear strategy, the podcast advocates for a strategic approach to tech adoption, aligning tools with business objectives, and actively managing technical debt in the face of rapid technological advancements.
Evolution of Technology in Finance
New iterations of existing technologies are constantly emerging, such as Microsoft Co-Pilot, which has faced mixed feedback especially in Excel. Despite initial underwhelming responses, these tech advancements will continue to evolve and improve over time. It is expected that the technology stack will evolve, necessitating adaptation to new tools and functionalities to stay competitive and efficient.
Embracing Change and Learning in the Digital Age
There is a fundamental shift in the work approach that requires individuals to adapt and learn new technologies, even in the face of fear or resistance. Embracing AI tools like Co-Pilot or Chat GPT requires a shift in mindset towards accepting and utilizing artificial intelligence as a complement to human capabilities. Encouraging learning, experimentation, and setting clear boundaries in utilizing AI tools will be crucial for organizations to foster innovation and efficiency while ensuring responsible and secure use.
In the age of rapid technological change, keeping up with the latest tools and trends can feel overwhelming. Dave Hartley, a technologist turned CPA, shares his insights on how businesses and individuals can navigate the AI revolution without getting left behind. He discusses the challenges of change management and the importance of being intentional about adopting new technologies.
Dave also explores the generational gap in technology adoption, the potential impact of AI on the workforce, and the need for governance and risk management. He emphasizes the importance of finding the right balance between embracing innovation and ensuring security and accuracy. Whether you're a finance professional, a business leader, or simply someone interested in the future of work, this episode offers valuable perspectives on thriving in the age of furious change. Tune in for practical advice and thought-provoking insights.
- Listen to 'But Who's Counting?' -https://open.spotify.com/show/4mieDwzhsSh44gQxRVLKXD
------CHAPTERS------
(00:00:00) - Intro: Change management challenges in the AI age (00:03:22) - Being intentional about remote work and employee experience (00:10:05) - Generational gap in technology adoption and AI acceptance (00:18:48) - Balancing innovation with security and risk management (00:27:49) - Pace of technological change and organizational readiness (00:36:42) - Governance and validation in the AI era (00:46:18) - Finding the right balance for AI adoption (00:54:19) - Dave's favorite productivity tool
For more goodies, head over to www.techforfinance.com
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
