5 ms·

I decided to outsource my entire personal financial life to GPT-4

39 points by bfoks 3y ago

sunshadow 3y ago
I wonder how much money he spent on GPT-4 for doing all this
- jacooper 3y ago
  Lol, imagine GPT-4 telling him its a waste of money to use the API and that he should do it on his own.
- majikaja 3y ago
  Money and time
aszantu 3y ago
I'm not comfortable handing all my personal and financial stuff over to another business
- BlackjackCF 3y ago
  Some people don’t even share all their personal/financial stuff with a spouse! It’s kinda wild to me that people are willing to do this and announce it publicly. I know it’s not the same thing, but wouldn’t you be concerned about a company’s opsec after it went public that they were accidentally leaking people’s chat convos?
  - aszantu 3y ago
    kind of, yes
0x53 3y ago
Do people really have that many subscriptions that they do not notice? I have seen a number of products advertising this ability to "find" monthly subscription. Is this a helpful thing, do people have so many transactions that they can't find a subscription?
- kevinmchugh 3y ago
  I could imagine the value is in cancellation, which I guess is non trivial for many services in jurisdictions that don't mandate subscriptions be cancelable the same place they're creatable. Illinois and California should do a subscription cancellation tourism campaign. "Come to Chicago, it's easy to cancel Netflix here!"
- WheelsAtLarge 3y ago
  I had a useless subscription that festered for over a year. Everytime I thought about it I felt that I should keep it since I might need it. Looking back I did not need it. It was a waste of money. I suspect many people are in the same situation. They know about the subscription but can't commit to canceling it. It's much easier when it's done automatically.
  - 0x53 3y ago
    Ok, that makes sense. I see the value in it cancelling it for you.
- prepend 3y ago
  I’ve wondered this too. Are there people who don’t look at their bank statements? I look every month, there’s only 30-50 transactions and if I don’t recognize any, I look into it. If people have unknown subscriptions then that’s likely a signal of larger financial problems. It’s good that this issue is helped, but likely they need some education and it’s probably dangerous for them to trust any third party with their finances.
  - DontchaKnowit 3y ago
    I barely ever do. Its annoying
  - tennisflyi 3y ago
    > Are there people who don’t look at their bank statements? Most assuredly.
powera 3y ago
An attention-hound (note the old tweets submitted) does something stupid for attention. Film at eleven.
metadat 3y ago
Discussed yesterday: I cloned myself with AI, and she fooled my bank and my family https://news.ycombinator.com/item?id=35739906 https://news.ycombinator.com/item?id=35739906 (66 comments) And submitted previously today: https://news.ycombinator.com/item?id=35755921 https://news.ycombinator.com/item?id=35755921 (No interesting comments) Edit: @mwnivek, thank you. My bad.
- mwnivek 3y ago
  These links have similar themes, but they are not about the same person/story as this post.
absoluteunit1 3y ago
I read this with a grain of salt after seeing the first line in the tweet: "via the @donotpay chat we are building)." There is definitely potential to this and I am looking forward to seeing the progress on this but this is just promoting your product in its early stages. Would be interesting to see more use cases and experiences down the line
- readthenotes1 3y ago
  And privacy promises
nichohel 3y ago
Listen to episode 157 of the excellent podcast "Blocked and Reported" before you think this is real.
- daydream 3y ago
  Oh my. Yes, there is more than meets the eye here.
0xbadc0de5 3y ago
First rule of personal finance: Nobody cares more about your money than you do. Second (corollary) rule of personal finance: Most financial advice you receive will not be optimised for your situation or be in your best interest. Tertiary (adjunct) rule: Financial institutions generate income by turning as much of /your/ money into /their/ money as possible.
hgsgm 3y ago
This is an ad.
satisfice 3y ago
Can I use ChatGPT to delete all people and articles that appear on my screen on the subject of “I foolishly did X with AI because I am baby man who doesn’t understand responsible behavior”? If I could use it for that, I still would not use it for that.
- flangola7 3y ago
  >baby man Resorting to cheap personal insults is both unneeded and inappropriate for HN. If you have a point to make, make it.
BigCryo 3y ago
Famous last words
ddmma 3y ago
That might be interesting usecase for banking applications feature. Another thing is profiling your behaviour based on your transactions history, terrible choice while optimising own processes without considering privacy. But why not!

39 points by bfoks 3y ago

sunshadow 3y ago

I wonder how much money he spent on GPT-4 for doing all this

jacooper 3y ago
Lol, imagine GPT-4 telling him its a waste of money to use the API and that he should do it on his own.
majikaja 3y ago
Money and time

aszantu 3y ago

I'm not comfortable handing all my personal and financial stuff over to another business

BlackjackCF 3y ago
Some people don’t even share all their personal/financial stuff with a spouse! It’s kinda wild to me that people are willing to do this and announce it publicly. I know it’s not the same thing, but wouldn’t you be concerned about a company’s opsec after it went public that they were accidentally leaking people’s chat convos?
- aszantu 3y ago
  kind of, yes

0x53 3y ago

Do people really have that many subscriptions that they do not notice? I have seen a number of products advertising this ability to "find" monthly subscription. Is this a helpful thing, do people have so many transactions that they can't find a subscription?

kevinmchugh 3y ago
I could imagine the value is in cancellation, which I guess is non trivial for many services in jurisdictions that don't mandate subscriptions be cancelable the same place they're creatable. Illinois and California should do a subscription cancellation tourism campaign. "Come to Chicago, it's easy to cancel Netflix here!"
WheelsAtLarge 3y ago
I had a useless subscription that festered for over a year. Everytime I thought about it I felt that I should keep it since I might need it. Looking back I did not need it. It was a waste of money. I suspect many people are in the same situation. They know about the subscription but can't commit to canceling it. It's much easier when it's done automatically.
- 0x53 3y ago
  Ok, that makes sense. I see the value in it cancelling it for you.
prepend 3y ago
I’ve wondered this too. Are there people who don’t look at their bank statements? I look every month, there’s only 30-50 transactions and if I don’t recognize any, I look into it. If people have unknown subscriptions then that’s likely a signal of larger financial problems. It’s good that this issue is helped, but likely they need some education and it’s probably dangerous for them to trust any third party with their finances.
- DontchaKnowit 3y ago
  I barely ever do. Its annoying
- tennisflyi 3y ago
  > Are there people who don’t look at their bank statements? Most assuredly.

powera 3y ago

An attention-hound (note the old tweets submitted) does something stupid for attention. Film at eleven.

metadat 3y ago

Discussed yesterday: I cloned myself with AI, and she fooled my bank and my family https://news.ycombinator.com/item?id=35739906 https://news.ycombinator.com/item?id=35739906 (66 comments) And submitted previously today: https://news.ycombinator.com/item?id=35755921 https://news.ycombinator.com/item?id=35755921 (No interesting comments) Edit: @mwnivek, thank you. My bad.

mwnivek 3y ago
These links have similar themes, but they are not about the same person/story as this post.

absoluteunit1 3y ago

I read this with a grain of salt after seeing the first line in the tweet: "via the @donotpay chat we are building)." There is definitely potential to this and I am looking forward to seeing the progress on this but this is just promoting your product in its early stages. Would be interesting to see more use cases and experiences down the line

readthenotes1 3y ago
And privacy promises

nichohel 3y ago

Listen to episode 157 of the excellent podcast "Blocked and Reported" before you think this is real.

daydream 3y ago
Oh my. Yes, there is more than meets the eye here.

0xbadc0de5 3y ago

First rule of personal finance: Nobody cares more about your money than you do. Second (corollary) rule of personal finance: Most financial advice you receive will not be optimised for your situation or be in your best interest. Tertiary (adjunct) rule: Financial institutions generate income by turning as much of /your/ money into /their/ money as possible.

hgsgm 3y ago

This is an ad.

satisfice 3y ago

Can I use ChatGPT to delete all people and articles that appear on my screen on the subject of “I foolishly did X with AI because I am baby man who doesn’t understand responsible behavior”? If I could use it for that, I still would not use it for that.

flangola7 3y ago
>baby man Resorting to cheap personal insults is both unneeded and inappropriate for HN. If you have a point to make, make it.

BigCryo 3y ago

Famous last words

ddmma 3y ago

That might be interesting usecase for banking applications feature. Another thing is profiling your behaviour based on your transactions history, terrible choice while optimising own processes without considering privacy. But why not!