AI: Harnessing the Power

Transcript: Harnessing the Power of AI Real AI Use Cases – Episode 13 [00:00:00] The Reality Check: AI and the Job Market Elizabeth: What I'm hearing now is with the job market changing, the people that aren't using AI are the ones that are losing their jobs. Richard: This last week I had a complete and total dumpster fire with AI. I really wanted to throw my laptop against the wall. Todd: I use AI to basically streamline leases—drafting leases and drafting letters of intent. Jessica: There is so much hype right now around AI replacing teachers, and I want to push back on that. Chris: There's now AI that can watch other AI to keep it honest. [00:00:30] Show Introduction Speaker: This is Real AI Use Cases: Business Owners Roundtable with hosts Elizabeth Gearhart and Richard Gearhart. Here's how real companies are using AI right now. [00:01:00] AI in Real Estate: Drafting & Summarizing Documents Elizabeth: Let’s start with Todd—what’s one way you’re using AI? Todd: I use AI to streamline leases and letters of intent. It’s good at summarizing and drafting, but I don’t fully trust it yet for complex legal nuances. [00:02:00] AI in Business Operations: “AI Policing AI” Elizabeth: Chris, how are you using AI? Chris: Every department in our business has to implement an AI initiative each quarter. One exciting development is “AI police”—AI systems that monitor other AI systems to make sure they’re accurate and doing what they should. [00:03:00] AI in Education: Why Humans Still Matter Elizabeth: Jessica, how are you using AI? Jessica: In education, AI should enhance—not replace—humans. Young children learning to read need real human interaction. We use AI to analyze data and help tutors show up better prepared, not to replace them. [00:04:00] Teaching Kids to Use AI (Without Cheating) Chris: How are you handling AI with your kids? Jessica: We teach them how to use AI responsibly—how to prompt, question outputs, and think critically. It’s not cheating if used correctly—it’s a tool for learning. [00:06:00] Learning vs. Shortcutting: Where AI Fits Richard: I could use AI to answer my coursework—but I learn more by doing it myself first, then using AI to refine my understanding. [00:07:00] When AI Fails: Accuracy Issues in the Real World Elizabeth: Richard, how are you using AI in your business? Richard: I tried using Microsoft Copilot to analyze firm data, and it kept giving incorrect answers—even when the data was clear. It was frustrating and showed me AI isn’t fully reliable yet. [00:09:00] Prompting & Correcting AI Jessica: You actually have to correct AI when it’s wrong. You can guide it and improve the output. [00:10:00] Using Multiple AI Tools Together Elizabeth: I use ChatGPT, Gemini, and Perplexity. Each one has strengths: Gemini can over-sanitize content ChatGPT preserves tone better You really need to use multiple tools depending on the task. [00:11:00] AI as Your “Board of Directors” Chris: There are tools now that aggregate multiple AI outputs and act like a “board of directors”—giving you synthesized recommendations. [00:11:30] Privacy & Security Concerns Elizabeth: Some AI tools can access your entire computer, which raises serious security concerns. Chris: Privacy is a huge issue—especially for law firms, healthcare, and any sensitive data. [00:13:00] The Future of Work: AI + Humans Jessica: Kids today will grow up managing AI systems. This is their future. Elizabeth: If you’re not learning AI now, you’re falling behind. [00:14:00] Automation, Robots, and New Jobs Chris: Companies like Amazon are rapidly increasing automation. AI will change jobs—but it will also create new ones. Elizabeth: Exactly—someone has to build, maintain, and fix those systems. [00:15:00] Closing Thoughts Elizabeth: This has been Real AI Use Cases: Business Owners Roundtable. Speaker: You’ve been listening to Real AI Use Cases. Join us again for more real-world insights into how AI is shaping the future of business.