Why 30 Years of Hard-Won Skills Count for Zero

Ankur Patel interviews Kirk Drake, Founder and CEO of CU 2.0.<br /><br />📩 Subscribe to the Main Street AI Newsletter: https://multimodal.beehiiv.com/subscribe?utm_source=podcast&amp;utm_medium=description&amp;utm_campaign=podcast<br /><br />Kirk wrote the AI strategy book for banks and credit unions in 2020, before most of the industry had heard of ChatGPT, then rebuilt CU 2.0 around AI first practices and moved two-thirds of his team onto that work. He argues that 30 years of hard-won PowerPoint, spreadsheet and Word skills now count for zero, that the "we can't put our data near these models" fear is mostly an excuse, and that the AI strategy every credit union is chasing is really just learning how to move faster.<br /><br />Guest: Kirk Drake, Founder and CEO, CU 2.0<br />Host: Ankur Patel, CEO &amp; Founder, Multimodal<br /><br />0:00 Introduction: Meet Kirk<br />1:08 The 2015 talk that started it<br />6:31 Fintechs vs credit unions<br />11:49 Why the legacy stack won't port<br />13:15 30 years of skills at zero<br />15:09 Why you can't show them the future<br />18:22 You can't out-exercise your appetite<br />19:59 Two-thirds of the company on AI work<br />22:10 Building the impossible in 48 hours<br />26:09 Opt-in volunteers, not mandates<br />28:11 Don't hire a VP of AI<br />31:38 A faster way to learn<br />36:27 Greenfield prototyping in a day<br />38:46 If net interest margin drops to 1%<br />41:50 Skills catalog and workflows<br />45:10 When IT ships 50x faster<br />46:28 Closing