Like most industries, accounting is beginning to embrace automation that allows team members to focus on high-value tasks; eliminating the time spent on repetitive and manual items. Botkeeper provides automated bookkeeping support to accounting firms and businesses using AI, machine learning, and vetted accountants. CEO and Cofounder Enrico Palmerino shares some insight into the company’s recent funding round from notable investors that include Point72 Ventures, Greycroft, High Alpha Capital, and Gradient Ventures and how the company’s solution allows businesses and accounting firms to reclaim time – the one commodity that none of us are getting back.
Recently, the Interior Department ordered the grounding of its drone fleet that was made in China or contained Chinese parts. This comes on the heels of similar actions taken by the Department of Homeland Security in May and the United States Army in 2017. While political pundits credit the ban to the Trump administration’s policy initiatives […]
A look at why AI fraud is so widespread, and what you can do to protect yourself without missing out on investing in what is still the most potentially impactful technological development of modern times.
Even after years of record-setting investment in digital health companies, we’re only on the cusp of this kind of transformational shift in health care. It’s time to speed up the digital health revolution.
At the turn of the twentieth century, the swelling populations of newly arrived immigrants in New York City’s Lower East Side reached a boiling point, forcing the City to pass the 1901 Tenement House Act. Recalling this legislation, New York City’s Mayor’s Office recently responded to its own modern housing crisis by enabling developers for the […]
As a business advisor and technologist, I often think about the large array of opportunities for entrepreneurs as technology seems to be evolving faster and faster. Yet I still too often hear the question, “Can you give me a really sure-fire idea for starting my own business?” My standard answer is that ideas are a […]
Returning from vacation, my inbox overflowed with emails announcing robot “firsts.” At the same time, my relaxed post-vacation disposition was quickly rocked by the news of the day and recent discussions regarding the extent of AI bias within New York’s financial system. These unrelated incidents are very much connected in representing the paradox of the acceleration of […]
Everyone has heard about the big potential for using artificial intelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences. My advice is that AI is here, so it behooves all […]
For entrepreneurially minded millennials in finance, being a contributing part of this shifting culture could serve as excellent grounding for that dream of leading a successful startup.
The star of the Super Bowl wasn’t on the field, but the robot in Michelob ULTRA commercial. The metal beast was featured living and playing among humans, taking any opportunity to show off his brute strength. The bot smugly proves he do anything better than his organic citizens, except down a cold one. In the closing caption, […]