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From the livestream video, the tax part was incredibly impressive. After ingesting the entire tax code and a specific set of facts for a family and then calcula
by OkGoDoIt 4y ago
From the livestream video, the tax part was incredibly impressive. After ingesting the entire tax code and a specific set of facts for a family and then calculating their taxes for them, it then was able to turn that all into a rhyming poem. Mind blown. Here it is in its entirety:
---
In the year of twenty-eighteen,
Alice and Bob, a married team,
Their income combined reached new heights,
As they worked hard day and night.
Their son Charlie was their joy,
A little baby, a lovely boy,
A household they maintained together,
Yet lived apart, without a tether.
To calculate their tax, it's true,
A standard deduction we must construe,
For married folks who file jointly,
Twenty-four thousand dollars, quite pointy.
Their income sum, seventy-eight thousand nine eighty-one,
Minus the standard deduction, the math's begum
With exemptions being zero, the next line we trace,
A taxable income of fifty-four thousand nine eighty-one takes place.
Now to the tax table, a liability we seek,
For married couples, the outlook's not bleak,
In range of thirty-six thousand nine to eighty-nine thousand one fifty,
The formula's set, no longer shifty.
Five thousand five hundred thirty-five, it starts,
Plus twenty-eight percent of the excess imparts,
Eighteen thousand eighty-one, the difference we find,
Multiplied by point two eight, the tax liability's designed.
Ten thousand five hundred ninety-seven dollars and sixty-eight cents,
A tax liability for Alice and Bob, a sum quite dense,
In this world of numbers, a story unfolds,
Their financial journey, in a poem it's told.
- FredPret 4y agoUS-GPT4 > US-GAAP
- trts 4y agoIf automation can make tax code easier to be in compliance with, does this imply a reduced cost of increasing complexity and special exceptions in the tax code?
- cwkoss 4y agoDepends whether intuit lobbyists can successfully rent seek on tax AI
- justanotheratom 4y agoWhere can I watch the recording of the Livestream
- tildef 4y agohttps://www.youtube.com/live/outcGtbnMuQ https://www.youtube.com/live/outcGtbnMuQ
- sizzle 4y agoI hope this disrupts Intuit’s sleazy business model propped up by mega donations/lobbying to keep its dominant position on charging for tax preparation. I would love to ingest my tax records into a secure GPT like system running locally that understands every tax code and scenario to maximize my return. How long before this is possible? I love that megacorps can’t pay off OpenAI or try to acquire them to stop their tech from killing off their SaaS business models. The fact that GPT-4 is passing bar exams makes me hopeful that this evens the playing field for lay people without the resources of the wealthy across all fields, better guidance and starting points to navigate legal, financial, medical issues, etc. What a time to be alive, truly!
- hackernewds 4y agobetter the tax code were simplified instead
- edflsafoiewq 4y agoEasier to build an AI.
- Hoyadonis 4y agoOf all the areas Silicon Valley has disrupted, it's profoundly frustrating that political lobbying isn't one of them. I'm not aware of any startups even attempting it.
- regulation_d 4y ago> After ingesting the entire tax code… According to a quick google search, the entirety of the US tax code is over 1M words. I wonder which number GPT will support a prompt that large.
- OkGoDoIt 4y agoPerhaps I misunderstood the video in that case, maybe it was a subset of the tax code. But he copied and pasted the entirety of what appeared to be the official tax code.
- nprateem 4y agoI'm going to sack my accountant unless I get all my accounts in rhymes from now on