Deepak L

Fintech entrepreneur | Founder @tellenAI focused on the future of generative AI in Audit. previously : EY, Fintech CFO, Capital markets. CA and CFA

[Deepak L @DeepakLalit31]

We are experiencing amazing growth at our 15 month old startup @TellenAI and we are hiring engineers like crazy.

If you are a full stack engineer with experience building applications using AI models and are looking for a fast paced, collaborative environment that is both challenging and rewarding - my DMs are open !

[Deepak L @DeepakLalit31]

@JayaGup10 Don’t think employees would behave differently. Individual employees are not incentives to behave in ways that protects the interest of the employees as a collective

[Deepak L @DeepakLalit31]

@andruyeung Sell the receivable to a debt collection agency.

[Deepak L @DeepakLalit31]

Every week there seems to be another headline about AI spending.

Meta is reportedly exploring new ways to finance AI infrastructure.

Big Tech is projected to spend hundreds of billions of dollars on AI this year.

At the same time, CFOs are increasingly struggling to understand where AI dollars are actually going.

What’s interesting is that we spend a lot of time talking about AI implementation, but very little time talking about AI spend management.

AI creates a very different cost profile than traditional software.

Software licenses are relatively predictable.

AI is increasingly consumption-based.

Tokens.
API calls.
Agents.
Inference.
Background workflows.

Costs scale with usage.

And unlike payroll, facilities, or software licenses, AI spend often doesn’t have a clear owner.

Part of it sits with IT.

Part of it sits with business units.

Part of it sits on cloud bills.

Part of it is embedded inside other software products.

As AI adoption accelerates, companies will need better answers to some basic questions:

• How much are we spending on AI?

• Who is driving the spend?

• Which use cases are generating value?

• How should costs be allocated?

• What controls and governance should exist?

This feels like a significant opportunity for accounting firms.

The same profession that developed frameworks for financial reporting, internal controls, cost accounting, and technology governance is well positioned to help companies establish frameworks and tools for AI spend management.

The AI implementation market may be crowded.

The AI governance and spend management market is just getting started.

#AISpend #AIEconomics #AIGovernance #Accounting #CFO

[Deepak L @DeepakLalit31]

@gaganbiyani Not inviting the founders to the opening bell is just petty.

[Deepak L @DeepakLalit31]

@toddsaunders Looks like X definately did its thing. I never knew NJ had so many techies
I’m an NJ based founder building agents for accounting. So excited about this meetup. Is there a Luma event for this ? What date were you thinking

[Deepak L @DeepakLalit31]

@hthieblot All founders have to go through that rite of passage

[Deepak L @DeepakLalit31]

@bryan_johnson X followers are readers. Most X followers don’t really know what you look like day to day

[Deepak L @DeepakLalit31]

@hthieblot That’s 4 you asked for 1 lol

[Deepak L @DeepakLalit31]

@hthieblot They don’t care about being liked

[Deepak L @DeepakLalit31]

@StephNass You can just not do things

[Deepak L @DeepakLalit31]

Who would make a better startup CEO

Gandhi or Hitler

[Deepak L @DeepakLalit31]

@andrewchen after that we will need a startup to solve this problem with some innovative solution that’s not obvious rn

[Deepak L @DeepakLalit31]

@nihalmehta @TechNYC @EniacVC @juliepsamuels Wow activism works 🫡

[Deepak L @DeepakLalit31]

@MatanHazanov Are you gonna do it again ?

[Deepak L @DeepakLalit31]

@MartinGTobias Great question. Never asked that before but I’m definitely going to 🙌

[Deepak L @DeepakLalit31]

@ajhodls Lot of responses to this are laying the blame on the VCs for funding them in the first place. But that’s not the point.

[Deepak L @DeepakLalit31]

@dunkhippo33 This one is scary. Is there such a thing as PMF anymore ? How do you measure it.

[Deepak L @DeepakLalit31]

@hthieblot Automate Financial Audits

[Deepak L @DeepakLalit31]

@gregisenberg It’s controversial because majority of the VCs are not ex operators and they don’t like to hear that they’re not qualified

[Deepak L @DeepakLalit31]

@jack @chrisfralic Is that an NFT ?