Really enjoyed hosting the Washington Society of CPAs AI Panel discussion and the fun conversation with Ethan Rojhani and Maria Keating.
Here are the key takeaways:
How much does AI cost?
Small projects with free tools cost around $10k. Big projects trained on specific data will cost $200k +. Remember to invest time and effort in cleaning your data, training, and security. Typically it takes around 6 months to stand-up an AI project.
How to get started?
Start by being curious. Explore, learn AI prompting.
Then a reason. To summarize research papers? Better communication? Save time? Automating workflows?
Hold AI meetings with your team to bring our ideas.
How to get better answers?
Incentivizing AI can get better results. Adding comments such as:
This will help me for my career.
You would be a life-saver if you could do this.
This project can be a success thanks to you!
Similarly, people have often reported having better results with “thanks,” “please,” or other words of encouragement like “you’re doing great!”