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.
Elon Musk claimed that artificial intelligence has the potential to cause 'civilization destruction.' The billionaire is currently planning to come out with an AI platform, TruthGPT.
Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.
