In this episode of Going With the Flow, Lucas sits down with Tony DeSimone, a CPA-turned-generative-AI specialist and longtime mentor to Cellino. Tony shares how they first connected through UB’s Center for Entrepreneurial Leadership and discusses why many business owners can read a profit and loss statement but still run into cash problems. He explains the value of tracking cash flow weekly to prevent small issues from becoming big ones. The conversation then shifts to Tony’s pivot from accounting to AI, what excited him when ChatGPT launched, and why generative AI represents a major shift in business operations. They dive into real-world risks like AI hallucinations, the necessity of human oversight, and the rapid evolution of the technology. Tony concludes with a key message: AI won’t replace people, but those who master it will replace those who don’t.

What You Will Learn in This Episode

  • How weekly cash flow tracking prevents small issues from becoming big problems
  • Why understanding cash flow is critical even if you can read a P&L statement
  • Tony’s journey from CPA to generative AI specialist
  • The impact of ChatGPT and AI tools on modern business operations
  • Risks of AI, including hallucinations, and the importance of human oversight
  • How mastering AI can provide a competitive edge for business owners
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Mastering Cash Flow & AI in Buffalo

If this episode inspires you, remember Cellino thrives on smart business practices and cutting-edge tools to keep operations efficient while supporting Buffalo families.

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Frequently Asked Questions

It helps catch small financial issues before they become major problems and ensures healthy operations.

Yes, understanding cash flow requires tracking actual inflows and outflows, not just reading reports.

He became fascinated by generative AI tools like ChatGPT and recognized their transformative potential for businesses.

AI hallucinations, errors, and overreliance without human oversight can create problems.

Those who effectively leverage AI tools can streamline operations, make informed decisions, and outperform competitors.

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