This episode of the CPA Intelligence and Ethics Show, hosted by Garth Sheriff, delves into the transformative impact of AI on professional services, particularly for CPAs and legal professionals. Recorded at the Web Summit in Vancouver, Garth sits down with Jack Newton, CEO and co-founder of Clio, a global leader in legal practice management software. They discuss the adoption curves of technology in the legal profession and draw parallels to the CPA field, emphasizing the importance of embracing AI responsibly.
The conversation highlights key topics like AI hallucinations, professional responsibility, and the necessity of evolving mental models to leverage AI effectively while maintaining ethical standards. Jack shares practical insights on small-scale implementation of AI, building professional trust, and the broader implications of these technologies. The episode serves as a guide for CPAs to navigate the AI-driven landscape, focus on continuous learning, and address the long-term impacts of technological adoption.
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