Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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127

ChatGPT now wants access to your bank account (www.theverge.com)

submitted 2 days ago* (last edited 2 days ago) by rafssunny@lemmy.zip to c/fuck_ai@lemmy.world

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But it can see your balances, transactions, stock portfolio, and liabilities like a mortgage and credit card debt. And OpenAI — a company that eventually needs to turn a profit — doesn’t specify what the company itself will do with all that financial information outside of AI training, or if there are any additional protections in place to protect users’ financial data from a system hack.

lol.

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[–] quick_snail@feddit.nl 8 points 1 day ago

people are already going to ChatGPT every month with finance questions – from budgeting to tips on how to cut back on spending,” OpenAI said in its announcement. “Now, users can securely connect their financial accounts with Plaid to get the full view of their financial picture

Oh, that sounds like read-only. Not as bad as many are saying.

Still, N26 (one of the largest fintech banks in EU) was bought by an insurance company just so they had the personal finance data to determine which people they should focus their sales efforts to.

That data is the new oil.