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In the AI Risk Reward podcast, our host, Alec Crawford (@alec06830), Founder and CEO of Artificial Intelligence Risk, Inc. aicrisk.com, interviews guests about balancing the risk and reward of Artificial Intelligence for you, your business, and society as a whole. Podcast production and sound engineering by Troutman Street Audio. You can find them on LinkedIn and at troutmanstreetaudio.com. You can hear the difference.

Stan Sukhinin, owner of SORSO Fractional CFO Services, shares his journey from the financial sector, including his tenure at institutions like Societe Generale, to founding his own company. The episode delves into why AI is not yet ready for many business processes, emphasizing the importance of consistency and the risks of hallucinations in AI models. Stan discusses the critical role of financial management in business success and the potential for AI to automate and streamline these processes. He also provides insights into his strategic vision for SORSO, focusing on integrating AI to enhance financial operations. Furthermore, Stan highlights the ethical concerns surrounding AI, such as job displacement and the potential for manipulation. He concludes by offering advice for CFOs on adopting AI tools and preparing for the future.

Summary:

  • Guest Background: Stan Sukhinin is the owner of SORSO Fractional CFO Services with a rich background in banking and finance.
  • AI Limitations: Discusses AI's current inconsistency and hallucination issues in business applications.
  • Financial Management: Emphasizes the importance of understanding and managing business finances to avoid failures.
  • AI in Finance: Explores the potential of AI to automate financial tasks and improve efficiency.
  • Ethical Concerns: Highlights ethical challenges, including job displacement and AI’s potential for manipulation.

Companies/Organizations:


Books:

  • Never Enough: From Barista to Billionaire by Andrew Wilkinson

Movies:

  • Bend It Like Beckham

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