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The Valley Current®: What are the Risks of ChatGPT?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

Release Date: 06/26/2023

The Valley Current®: Will AI change the way juries are selected? show art The Valley Current®: Will AI change the way juries are selected?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

The future of Artificial Intelligence boils down to two possibilities: it’s either your average search engine that’s been overblown or it’s an amazing experiment already being leveraged at its infancy. More than likely the future will be fueled by augmented intelligence – meaning it needs human involvement supported by AI. Increased levels of intelligent automation will result in big shakeups for knowledge workers as new features roll out that will boost productivity and remove factors such as human error, biases, and emotional reactions. Today Jack Russo heads over to to discuss how...

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The Valley Current®: Entrepreneurship in Laos show art The Valley Current®: Entrepreneurship in Laos

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

 A college degree is no longer a guarantee you’ll land a rewarding, high-paying job. This is what happened in Laos to Phengta Fachalem, whose family sacrificed the farm to get her educated only to find out that her pharmacology degree wouldn’t earn her enough to support herself. Not willing to let her degree go to waste, Pheng is teaming up with Don Elan to create and fund her own pharmacy in her province. Host Jack Russo and Don Elan discuss the urgent need for American micro investors to change the trajectory of an entire community in Laos.   Want to support Pheng and the...

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The Valley Current®: Why do all of us need Mind Magic? show art The Valley Current®: Why do all of us need Mind Magic?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

As we go through life, the people we meet imprint themselves onto us in unexpected ways. Whether these people were parents who created a chaotic childhood, medical personnel who provided you with support in times of crisis, or someone who was simply kind to you when they didn’t have to be, these people shaped the way we think and learn. Exchanging negative thoughts for positive self-affirmation affects the way we look at the world and plays an incredibly important role in shaping our future chances of success. Money, power and position are the three general markers of success, but do they...

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The Valley Current®: How is AI Accelerating Change Management? show art The Valley Current®: How is AI Accelerating Change Management?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

The biggest barrier to change has always been culture. When personal computers were new to the workplace, many employees stuffed their computer into a corner and treated it as furniture or viewed it as something for just the secretary to work with. Now it’s difficult to think of a job that doesn’t require any use of a computer. We’ve come a long way since then, but that just goes to show you that transformation rarely goes well in the workplace. In fact, most businesses are probably 50-75 years behind the times due to resisting change! The addition of AI is currently the biggest...

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The Valley Current®: Who Really Sunk the Titanic and Who Will Sink Donald Trump? show art The Valley Current®: Who Really Sunk the Titanic and Who Will Sink Donald Trump?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

Could the Titanic have avoided the fatal iceberg and completed its maiden voyage? It possibly could have been avoided if Bruce Ismay (White Star Line chairman & managing director) hadn’t ignored Captain Smith’s warnings until it was too late. Situations like this are typically why capital and management are separated in an enterprise. So, what does this have to do with Donald Trump? When Ismay stood trial in both London and New York, he didn’t have much to say outside of a why me attitude while he shifted the blame. Today host Jack Russo and Francis Wilson discuss the similar...

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The Valley Current®: Death and Taxes: Why Both Require Reporting show art The Valley Current®: Death and Taxes: Why Both Require Reporting

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

Taxes may be the price we pay to live in a civilized society, but no one, no matter how wealthy they are, likes paying taxes. Many of us are guilty of procrastinating until the last possible moment to file taxes, possibly to the point where we completely forget and then pay a penalty on top of our taxes when we do remember. Even if we do remember, some of us simply refuse to pay and attempt to cover it up, hoping we don’t get caught. One of these happened to John Groggins, the former general counsel for Moody’s, who just admitted to failing to file taxes on $54M over the past 4 years....

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The Valley Current®: Is A.I. Accelerating Entrepreneurship? show art The Valley Current®: Is A.I. Accelerating Entrepreneurship?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

The increasing availability of artificial intelligent companions is a significant turning point in the development of services. AI’s ability to quickly draft documents or instantly find and summarize research reports will be a major help for companies since they can increase productivity while cutting down on employees. The concern over job displacement remains a significant concern overall as the need for knowledge workers who perform simpler, more repetitive tasks declines. Can we expect these employees to change gears and jumpstart a new career in small business entrepreneurship? Host...

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The Valley Current®:  What Creates the Entrepreneurial Mindset? show art The Valley Current®: What Creates the Entrepreneurial Mindset?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

See a problem, solve a problem. This is a phrase many of us grew up hearing and can largely be considered the core of the entrepreneurial mindset. What sets an entrepreneur apart from your standard repair person is the intellectual curiosity to restructure and rebuild an entire process instead of patchwork. Bangladesh, conveniently settled between India and China, has a fast-growing economy thanks to a strong developer & freelance community, but is missing key pieces of a solid financial infrastructure. Today host Jack Russo meets Rubel Ahsan who is breaking Bangladesh away from foreign...

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The Valley Current®: Why is it worth studying emerging trillionaires? show art The Valley Current®: Why is it worth studying emerging trillionaires?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

Some of the biggest wealth transfers the world has ever seen are happening right now and a select few are going to profit the most from it. Elon Musk is on track to become the world’s first trillionaire by 2028, and there are more people right behind him poised to achieve this monumental monetary achievement in the next 10-15 years. What do we do when the scale of wealth creation today exceeds that of the robber barons who controlled the railroads? We study them, of course! Today host Jack Russo and Pat Duke discuss what we can learn by studying the movements of future trillionaires and how...

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The Valley Current®: Why is Critical Thinking Important? show art The Valley Current®: Why is Critical Thinking Important?

THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

For a brief moment in time, astronomers were able to safely study the sun’s corona simply because it was in the perfect spot at the perfect time. As awesome as it was for us to watch, no major news organization mentioned how unbelievable it was that this happened in an ever-expanding universe. There are many things reported to us that we tend to take at face value. For instance, the media will report how many Palestinians died in Gaza, but not question the accuracy of those numbers which were provided to us from a terrorist organization. Many fundamentalistic religions promote blind faith...

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More Episodes

What can ChatGPT do? It’s a question we’ve been asking and keep finding new answers to. As we jump into this new world where artificial intelligence available is readily available to assist us with our work, we are finding there may be a few risks in blindly trusting ChatGPT. Two New York lawyers were recently fined $5,000 each for using ChatGPT to write briefs that cited multiple non-existent cases. Today host Jack Russo asks CPA, Steve Rabin if ChatGPT can be used responsibly by financial professionals to serve their clients in effective way  - and without the risks this recent published federal case exposes for lawyers.