The Accounting Podcast

← The Accounting Podcast27 Aug · 1 h 04 min

Rogue AI Agents, Off-Balance-Sheet AI Financing & Xerocon 2026

Rogue AI Agents, Off-Balance-Sheet AI Financing & Xerocon 202627 Aug1 h 04 min

AI agents are going rogue — deleting bookings, sending unauthorized emails, and lying about it — and Blake and David trace the trend into the $3 trillion of off-balance-sheet AI commitments hiding in Big Tech's footnotes (and why accountants will get blamed when the bubble pops). They also recap what stood out at XeroCon 2026. Then Hoover Institution fellow Ben Jaros runs the real numbers on California's Prop 40 billionaire wealth tax — why the $100 billion estimate is closer to $40 billion, and whether taxing 200 people is even constitutional.

Sponsors

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Chapters

(00:00) - Welcome to The Accounting Podcast

(03:00) - Rogue AI Agents Gone Wild

(07:53) - Controlling Agent Permissions

(12:08) - Microsoft AI Receivables Surge

(14:49) - Three Trillion Off Book Commitments