In This Episode

Join us on another episode of Fridai Labcast, where we delve into the fascinating world of artificial intelligence in business. This week, we’re excited to explore the practical applications of AI tools like ChatGPT and introduce a brand-new generative AI model launched by Elon Musk, named Grok. Our hosts discuss the benefits and concerns of deploying AI in businesses, touching on ethical considerations, the impact on job roles, and the balance between AI advancements and human expertise. 

• (0:51 – 2:44) – Introduction to the episode’s theme and guests, discussing the transition from AI-generated avatars to real hosts and the focus on AI’s impact in business.
• (2:59 – 4:15) – Discussion on Grok, a new AI model with unique features launched by Elon Musk, and its potential competition with ChatGPT.
• (4:22 – 5:22) – Analysis of AI platforms like Bard and Grok, and the challenges in surpassing ChatGPT in the AI leaderboard.
• (5:45 – 6:19) – Rachel’s perspective on the disadvantages and ethical concerns associated with the widespread use of AI in society.
• (9:50 – 10:20) – Highlighting personal and corporate benefits of AI, including language learning and wellness coaching applications.
• (17:34 – 18:04) – Rachel shares her skepticism about AI, while acknowledging its efficiency in refining skills and services.

Host Bios:

Andrew Wall: A distinguished Chartered Professional Accountant and IT expert, recognized among the top 100 Accounting influencers globally, with his firm CPA4it.ca acclaimed as a leading cloud accounting brand in North America. Connect with Andrew Wall on LinkedIn.

Rachel Stedman: Joined CPA4IT in 2005 as a Paralegal, advancing to Customer Service Manager, the primary contact for clients, fostering high satisfaction and strong relationships. Contributed to marketing and company development, she is now also serving as Internal Auditor. Connect with Rachel on LinkedIn.

Muhammad Qasim Mukhtar: Muhammad, joining the firm in 2020, is a passionate young professional from Pakistan with a love for music and guitar. He works as a Digital Marketing Associate, focusing on implementing digital marketing strategies and creating content for social media channels. Connect with Muhammad on LinkedIn.

Additional Resources:

Exploring AI Generative Models

AI in Practice

Ethical AI Use

As we navigate the ever-evolving landscape of artificial intelligence, we invite our listeners to engage with us by sharing their experiences and thoughts on AI in their businesses. Stay tuned for more insightful discussions on the integration of AI in various industries, practical tips for leveraging AI tools, and expert opinions on managing the challenges and opportunities AI presents. Don’t forget to subscribe for updates on upcoming episodes filled with actionable insights and innovative ideas.