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

Nikonomics - The Economics of Small Business

Welcome to Nikonomics—the show for entrepreneurs and Wantrapreneurs, ready to tackle the toughest roadblocks to their first million.

Nik brings firsthand experience, having bought and sold over a dozen businesses, achieved multiple 7-figure exits, and generated over $100 million in revenue.

Each week, he blends humor with real insights from successful entrepreneurs, sharing growth strategies, deal insights, and unique business ideas you won’t find elsewhere.

Ready to turn your entrepreneurial dreams into reality? Hit play and let’s get to work.

Follow me on Twitter here: https://twitter.com/CoFoundersNik or @CoFoundersNik

All Episodes

Nikonomics - The Economics of Small Business

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

April 10, 2025 • Nikolas Hulewsky • Season 1 • Episode 148

🚨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 implementation

David, 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 nik@cofounders.com with your thoughts.

__________________________

MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe