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AI vs. software? Intuit’s CFO says that’s the wrong fight
Intuit CFO Sandeep Aujla believes that AI is accelerating, not disrupting, the company’s core business strategy, which focuses on expert help, data-driven insights, and customer cash flow. Intuit, known for TurboTax and QuickBooks, recently reported better-than-expected fiscal second-quarter results, with revenue up 17% year-over-year to $4.7 billion. Aujla dismisses fears of AI undermining traditional software models, citing the durability of these models and collaborative relationships with large language model providers.