Blake and David explore the intersection of AI, remote work, and accounting technology. They take a look at the phenomenon of "mouse jiggling," examine various AI tools reshaping the accounting industry, and analyze a survey showing widespread adoption of AI in the workplace. There's also a review of different AI chatbots, highlights on new AI-powered accounting startups, and a brief look at the U.S. government's online passport renewal system. This wide-ranging conversation offers valuable insights into the evolving landscape of work and technology in the digital age.

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Chapters

(01:14) - Mouse Jiggling Scandal at Wells Fargo
(05:28) - Pig Butchering Scams and Synapse Bankruptcy
(09:20) - Return to Office Mandates and Employee Turnover
(12:55) - AI Tools in Accounting: Zapier Central Demo
(18:18) - Impact of AI on Freelance Jobs
(21:49) - Private Equity and Audit Board Acquisition
(26:05) - AI Co-Pilot for Accounting Firms: Materia Raises $6.3 Million
(30:04) - Technology Maturity and Firm Revenue
(36:10) - AI Adoption in the Workplace
(38:15) - AI Tools Revolutionizing Financial Reporting
(40:42) - The Rise of Chatbots: A Wall Street Journal Analysis
(42:08) - Comparing Chatbot Performance Across Different Tasks
(51:28) - The Future of AI in Accounting Firms
(01:00:57) - Innovations in Government Services
(01:03:23) - Wrap-Up and Announcements

Show Notes

Meet Zapier Central's Chrome extension: Work with your personal AI bots anywhere

https://zapier.com/blog/zapier-central-chrome-extension/

The Great AI Challenge: We Test Five Top Bots on Useful, Everyday Skills

https://www.wsj.com/tech/personal-tech/ai-chatbots-chatgpt-gemini-copilot-perplexity-claude-f9e40d26

Numeric secures $10m in Seed funding to revolutionise accounting automation

https://fintech.global/2024/05/08/numeric-secures-10m-in-seed-funding-to-revolutionise-accounting-automation/

Finaloop secures $35 Million in Series A

https://www.finextra.com/pressarticle/101198/finaloop-secures-35-million-in-series-a

June 2024 Update: Beta Release of an Online Passport Renewal System

https://travel.state.gov/content/travel/en/passports/have-passport/renew-online.html

California Board of Accountancy CPANext Survey

https://www.linkedin.com/posts/cbanews_we-want-to-hear-from-you-this-weekend-is-activity-7212584294232285184-25sa

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Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Pig Butchering & Mouse Jiggling

The Accounting Podcast