OpenAI now wants ChatGPT to access your bank accounts
www.theverge.com
What could go wrong?

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.

  • quick_snail@feddit.nl
    8·
    2 days 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.