Episode #529: Entrepreneurial Nerdery - Second interview with Seth David

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In this episode of “The Soul of Enterprise,” hosts Ron and Ed engage in a compelling conversation with Seth David, the Chief Nerd and CEO of Nerd Enterprises, Inc. Seth is renowned for his ability to demystify complex financial concepts, making them accessible and actionable for businesses and accounting professionals alike. With a rich background that includes auditing and a passion for leveraging technology to enhance business efficiency, Seth shares his journey from traditional accounting roles to becoming a leading educator and consultant in the industry.

SHOW NOTES

Segment one

  • If you know Seth David but don’t know this (and how could you not?), he’s kind of an animal lover. Here’s a great pic of him feeding his dogs.

  • Seth David used to regularly discount his courses but he realized that he had “trained” his future customers to expect a discount. Now, the courses have a regular price but the promos are not nearly as common (unless it is related to his charitable causes). https://www.nerdenterprises.com/courses-and-trainings-catalog 

  • What inspired Seth David to break out on his own and start a company? “I hated working for people.” 🤣 🤣

  • When Seth says he “inspires and educates”, you need to read his backstory to REALLY understand where his coming from as a caring, kind human being. His background story is here: https://www.nerdenterprises.com/about-seth-david 

Segment two

  • “AI firms will look from the outside like a unified intelligence that can instantly propagate ideas across the organization, preserving their full fidelity and context. Every bit of tacit knowledge from millions of copies gets perfectly preserved, shared, and given due consideration.” —Dwarkesh Patel https://www.dwarkeshpatel.com/p/ai-firm 

  • We asked Seth about AI today on the show and he made a great joke about Artificial General Intelligence. “And then we’ll have AGI which is not adjusted gross income.” —Seth David

  • What is the best outcome for artificial intelligence? “My hope is that this doesn’t go in the direction of Skynet but rather in the direction of us being able to be more human again.” —Seth David

  • Seth David’s thoughts on AI: “So the AI is going to be like an employee that I work with who does the does the research and makes the recommendations. And then either I have more questions about those recommendations or I take the recommendations and go run with them and implement.”

Segment three

  • “The more high tech we get the more we are going to demand high touch.” —John Naisbitt, author of Megatrends: Ten New Directions Transforming Our Lives https://www.amazon.com/Megatrends-Ten-Directions-Transforming-Lives/dp/0446356816 

  • “With any disruptive technology, adoption is slow at first and then it just pops. Either you are forced to adopt or you are going to be forced out.” —Seth David on the topic of AI adoption in the accounting space

  • “The only comparative advantage I have against AI is a soul. And I think we're gonna have to really lean into that a lot more.” —Ron Baker

  • If you use ChatGPT with any regularity, give this prompt from Seth David a try: Analyze my communication patterns based on our conversations so far. Tell me what you observe about my thinking style, decision making approach, and potential blind spots. 

Segment four

  • Seth David has a new obsession. It’s called Notion although many of you probably already know a bit about them. The founder of Notion describes his software as digital lego. More here: https://www.notion.com/ 

  • A big THANK YOU to Seth David for joining us today. He’s a nerd and we love it! Check out more about Seth at this link https://www.nerdenterprises.com/ 

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