The Impact of AI on Finance and Business Decision Making with Jon Brewton

In this episode of Future Finance, hosts Paul Barnhurst and Glenn Hopper discuss the intersection of artificial intelligence (AI) and finance. They explore how AI tools like large language models (LLMs) are transforming data analytics and decision-making processes. They also examine the broader implications of AI advancements in other high-stakes industries such as energy, defense, and healthcare.

Jon Brewton is the founder and CEO of Data Squared. He brings extensive expertise in machine learning, AI solutions, and digital transformation. With a career spanning roles at BP, Chevron, and military service, Jon has spearheaded projects achieving significant operational efficiencies. At Data Squared, he focuses on creating reliable, traceable, and explainable AI solutions for critical sectors.

In this episode, you will learn:

• Microsoft’s advancements in LLMs for better integration with structured data.
• The five levels of AI capabilities outlined by OpenAI and what they mean.
• Why traceability and explainability are essential for deploying AI in finance.
• Innovative applications of Knowledge Graphs and RAG (Retrieval-Augmented Generation) technology 
• Strategies to mitigate AI hallucinations and enhance reliability in decision-making processes.

In this episode, Jon Brewton discusses the transformative role of AI in the financial sector, advancements including spreadsheet-specific LLMs, the power of knowledge graphs, and the critical importance of traceability and explainability in AI deployment. 

Follow Jon:

LinkedIn: https://www.linkedin.com/in/jon-brewton-datasquared/

Website: https://www.data2.ai/

Join hosts Glenn and Paul as they unravel the complexities of AI in finance:

Follow Glenn:

LinkedIn: https://www.linkedin.com/in/gbhopperiii

Follow Paul:

LinkedIn: https://www.linkedin.com/in/thefpandaguy

Follow QFlow.AI:

Website - https://bit.ly/4i1Ekjg

Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.

Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.

In Today’s Episode:

[01:50] - Advancements in Spreadsheet LLMs

[04:54] - OpenAI’s Roadmap to AGI 

[13:49] - Jon Brewton Introduction

[18:45] - Importance of Traceability and Explainability

[25:40] - Knowledge Graphs and Financial Data

[34:56] - Addressing AI Hallucinations

[42:01] - Advice for Finance Leaders

[45:48] - Jon’s Unique Experiences

[48:53] - Closing Remarks