Finance Talent in the Machine Age: Human or Bot?
Technology Revolution: The Future of Now
Bonnie D Graham
4.9 • 108 Ratings
🗓️ 9 May 2018
⏱️ 55 minutes
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| 0:00.0 | Welcome to the most nutritious hour of business talk all week. |
| 0:13.3 | This is Coffee Break with Game Changers, presented by SAP. |
| 0:17.3 | The best run business is run SAP. |
| 0:19.9 | Your host and moderator is Bonnie D. Graham. |
| 0:22.3 | You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions. |
| 0:30.1 | Now, here's Bonnie D. Graham. |
| 0:32.4 | Welcome, welcome, welcome. |
| 0:34.0 | If you want to run with the game changers, I promise you're in the right place. Let's see what the buzz is today. I have a quote from a website called theconversation.com. Let me read an opening line here and that will set us up nicely. Quote, robots have already taken over Wall Street as hundreds of financial analysts are being replaced with software or robo-advisors. |
| 0:57.7 | All I'm going to say is OMG. |
| 0:59.1 | So what are we talking about? |
| 1:00.9 | Machines are beginning to do the work of finance professionals. |
| 1:05.3 | What are they using artificial intelligence? |
| 1:07.5 | We finally refer to that as AI and machine learning ML technologies. |
| 1:13.0 | And beyond simply automating the transactional processes that finance does in the office of the |
| 1:18.6 | CFO, they're beginning to augment value-based activities. |
| 1:22.3 | What am I talking about? |
| 1:23.7 | Let's get down to the core here. |
| 1:25.3 | Analytics, that's what finance is looking at now. Forecasting, performance management, all very important to the finance department's role. |
| 1:33.3 | So as the use of AI and ML grow, good news, bad news, they may eliminate some human roles, but the good news, they may create entirely new jobs. |
| 1:43.3 | So the question on the table today is |
| 1:46.0 | is your company is your business is your organization is your industry wherever you are |
| 1:50.8 | whatever you do to earn money is your organization ready for this sea change and it is a sea |
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