David Lykken, a 51-year veteran of the mortgage industry, is the Founder, President & Chief Transformational Officer of Transformational Mortgage Solutions (TMS). With decades of expertise, Lykken and his team of industry veterans are revolutionizing the way mortgage professionals conduct business through consulting, executive coaching, and strategic communications.
Recognized as a leading voice in the mortgage sector, he has been a frequent guest on FOX Business News, as well as making appearances on CNBC & CBS Evening News, where he shares invaluable insights on market trends and industry developments.
Mr. Lykken is also the host of the widely acclaimed weekly Lykken on Lending podcast, heard every Monday at 1 PM ET. Additionally, he leads the Lykken On Leadership podcast, where he provides leadership strategies tailored to the mortgage and housing industries.
Beyond his work in podcasting, Mr. Lykken extends his reach into television, hosting two TV shows: Your Home Business and Your Home Coast to Coast, both airing on Your Home TV. His multifaceted career reflects a deep commitment to educating and empowering professionals in an ever-evolving industry.
Topics of Discussion:
[4:50] David’s early career challenges with dyslexia.
[5:55] Learning about virtual assistants.
[7:38] Current AI Tools and Usage, including large language models, Blockchain, and private GPT.
[9:57] Twin protocol and AI avatars.
[13:02] AI in Recruiting and Communication, introducing ELO GPT tool for automated outbound calling and personalized recruitment strategies.
[19:27] AI Mistakes and Challenges, discussing the importance of training AI tools and avoiding generic, potentially inaccurate content.
[24:10] Evolution of business assistance, comparing current AI tools to previous technological shifts like typewriters and word processors.
[26:52] The continued importance of human relationships in business, emphasizing that AI cannot fully replace human empathy and connection.
[31:10] The future of AI, predicting increased productivity and scalability for businesses through AI technologies.
Mentioned in this Episode:
Programming with Palermo — New Video Podcast! Email us at programming@palermo.net.
Clear Measure, Inc. (Sponsor)
.NET DevOps for Azure: A Developer’s Guide to DevOps Architecture the Right Way, by Jeffrey Palermo
Transformational Mortgage Solutions
The Coming Wave: AI, Power, and Our Future, by Mustafa Suleyman and Michael Bhaskar
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