Welcome to The Wrap Podcast – where John Siefert, Bridget Courneya, and Aaron Back recap their week and the latest from the business and tech market. Today’s episode is brought to you by “Tomorrow’s CFO,” a Future Office of the CFO digital event on September 16th. This week’s themes include Blockchain, artificial intelligence, and machine learning.
Future Office of the CFO and “Tomorrow’s CFO” Digital Event
00:19 – Our new channel, Future Office of the CFO launched last week on the Acceleration Economy network. It features content from many contributors, including Jack Sweeney, Bob Evans, Bill Doerrfeld, and more.
1:13 – We’ll be hosting our first digital event for Future Office of the CFO, “Tomorrow’s CFO” featuring partners like Sage Intacct, Tipalti, Vertex, Versapay, and Oracle Netsuite. The event will occur on September 16th at 11am, and registration is free!
3:06 – Guess the CAGR: Blockchain – as a service, the global market of Blockchain radically disrupts what it means to invest as a consumer.
8:36 – We breakdown Blockchain’s market potential and statistics through the pandemic and into the next 5 years. According to Cision PR Newswire, by 2026, it is projected to have significant growth worldwide, reaching a valuation of $110.3 billion.
10:11 – Thinking of blockchain as an architecture of transferring data and considering the growth, compliance, security, and privacy within the essence of blockchains.
12:55 – Factors of innovation diffusion and technological advancement.
14:40 – Acceleration Economy Analyst Network rolling out soon! This will be a global network of practitioners with industry experience in managing technology or finance, journalists, leaders, futurists, big thinkers. It’s a platform for them to tell stories of how they are utilizing new technologies to compete in the acceleration economy.
17:30 – “Lead by intelligence to create demand” – diverse perspectives add value.
Industry Restructuring of AI and ML
19:10 – The rise of Edge Computing – Microsoft partnered with SES as part of their Microsoft Azure Orbital program, sharing multi-orbit concepts and edge of space computing. The use of edge computing provides a solution to those with little to no connectivity for devices, such as field workers.
20:45 – Blaize is a company striving to push AI to the edge, aiming to be closer to the user by leveraging localized AI.
22:22 – Discussing machine learning and a beta program launched by Google “Know Your Data” – The program aims to eliminate bias within data sets by answering questions, such as: Is the data corrupted? Is the data sensitive? Does it have gaps? Is the dataset balanced?
24:20 – Aaron elaborates on the importance of AI and ML systems not having biased data sets.
26:20 – In the Back @ IT episode “Creating Opportunities: Transparency and the CFO,” Aaron facilitates a discussion on trust in the relationship between customer and the provider.
27:45 – Bridget references the difference between digitization and digitalization, as discussed on the Future Office of the CFO channel.
30:20 – Cuvva is an AI powered app with an IoT approach for insurers to track drivers by using the phone’s sensors and machine learning technology to monitor driving behaviors.
32:59 – Closing with examples that are cloud enabled, AI empowered, and optimized by human ingenuity.