Getting Real About AI and ChatGPT

Episode Summary

In this episode, Grant Covault and Tyler Davis get real about AI and the way tools like ChatGPT actually fit into day to day business. They dig into the gap between the hype and the reality, the difference between free and paid versions, and why blindly trusting AI is a fast track to sloppy work and bad decisions.

They break down how they use ChatGPT in their own worlds, what it consistently gets wrong, and where it actually creates real value. From SOP building, communication cleanup, and transcription, to research and process improvement, they highlight the practical use cases that work and the pitfalls that don’t.

No sci-fi fantasies. No fearmongering. Just straight talk on how to use AI responsibly and effectively.

What We Cover

• Why the AI hype cycle is misleading

• Free vs paid ChatGPT tiers and how to pick

• Setting up custom instructions and memory

• The “agreeable problem” and how to force real critique

• Research traps, hallucinations, and verification

• Using ChatGPT for SOPs, processes, transcripts, and communication

• Where AI fits today in accounting, marketing, and operations

• Why business leaders need to understand AI even if they don’t like it

Takeaways

AI isn’t a magic assistant, and it’s not replacing anyone tomorrow.

It’s a tool that amplifies what you already do, good or bad.

If you guide it well, it makes your work faster and clearer.

If you don’t, it’ll show up in your output immediately.

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