Bharath Kadaba, Chief Innovation Officer at Intuit, discusses the company's use of Amazon Web Service for the implementation of it artificial intelligence and machine learning products. He also discusses how the software company aimed at small businesses will handle tax reform should there be a rewrite of the tax code.
Kadaba discusses leveraging AWS infrastructure as the technology within its products, including TurboTax, Quickbooks and Mint, continues to grow. Recently, Intuit launched Quickbooks Assistant, which makes use of A.I. so that companies can more easily automate financial payments.
Kadaba notes that, as the U.S. government readies a rewrite of the tax code, the company is also planning a revamp of its software to change programs like TurboTax, if necessary.
President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be singed into law by Independence Day. And he’s pushing the slow-rolling Senate to make it happen sooner rather than later. Trump met with Senate Majority Leader John Thune at the White House early this week and has been dialing senators for one-on-one chats, using both the carrot and stick to encourage them to act. But it’s still a long road ahead for the bill. Senators want to make changes to protect Medicaid and to make sure some tax breaks become permanent. Elon Musk called the whole bill a "disgusting abomination.”
For Novak Djokovic, this is a relatively easy call. He thinks the French Open is making a mistake by eschewing the electronic line-calling used at most big tennis tournaments and instead remaining old school by letting line judges decide whether serves or other shots land in or out.