148 - AI SERIES: 4 - How Fear and Regulation Impact AI in Finance with David Kaylor episode artwork

EPISODE · Apr 10, 2025 · 18 MIN

148 - AI SERIES: 4 - How Fear and Regulation Impact AI in Finance with David Kaylor

from Nikonomics - The Economics of Small Business · host Nikolas Hulewsky

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨Join me, Nik (https://x.com/CoFoundersNik), as I interview David Kaylor (https://x.com/David__Kaylor) from Alchemy Technology. We dive into the current state of AI adoption within the traditional banking sector, exploring the gap between the hype and actual implementationDavid, who works on implementing digital banking services for credit unions and banks shares his firsthand perspective on how these legacy businesses are approaching new technologies like AI.He also walks us through some fascinating personal and professional use cases for AI, from building a fun monster-slaying game on Replit to automating team time tracking with Google Apps Script. We also discuss the specific AI models he finds useful, such as Gemini for Google Apps Script and Grok for basic scripting.Questions This Episode Answers:What's it like working at a tech company servicing older, legacy businesses regarding AI adoption?Why is the banking industry a "slow follower" when it comes to utilizing AI?What AI models does David currently use and for what specific purposes?How can someone with limited coding knowledge automate tasks using AI and tools like Google Apps Script?What is Google Apps Script and how can it be used for business automation?Enjoy the conversation!__________________________Love it or hate it, I'd love your feedback.Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.__________________________MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribeSpotify: https://tinyurl.com/5avyu98yApple: https://tinyurl.com/bdxbr284YouTube: https://tinyurl.com/nikonomicsYT__________________________This week we covered:00:00 AI in Everyday Work Life02:52 The Role of AI in Banking06:13 Personal AI Applications and Tools09:06 Creating with AI: Game Development12:04 Automating Tasks with Google Apps Script14:58 Exploring Automation Opportunities

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148 - AI SERIES: 4 - How Fear and Regulation Impact AI in Finance with David Kaylor

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