The news beat on AI continues as, “You must have it!” But now we also hear “companies are struggling with AI” too. One recent survey found that 71% of CFOs are "flying blind" and struggling to monetize AI. Initiatives built around a disruptive technology like AI are always challenging because both the technology and its applications are unfamiliar. In the case of AI they can also be abstract. “Work smarter not harder” is a great tagline, but “smarter” is hard to measure without standardized testing.

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The great thing about paradoxes is that they are counter intuitive. They start with the expected: technological efficiency improves the productivity of a resource thereby reducing the need for that resource, for example. But then there are unexpected outcomes that are persistent and consistent.

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Improved productivity might be a red flag

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Episode #204 Consult Disrupt

Recently, Scott Nelson recorded a Fireside Chat with Jesse Johnson founder of Equipment Finance Cares. In the wide-ranging interview, Nelson discussed Tamarack’s direction, the application of AI and other new technologies as well as trends in the

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Asset Management as a discipline is as old as the hills facing this “fleet” and their horse-back managers. Traditionally asset management has had two points of view – that of the user/operators of the assets and that of the investor/owners of the assets.

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Many technology and operational leaders will read the 2023 US Bank CFO report and say – “Cost control is a nail again and technology is the hammer. Nothing new here.” But this would be a short-sighted read and miss the opportunity to partner with the CFOs to leverage the most impactful technology trend in the past 20 years for equipment finance, AI.

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