Man gives all his financial info to AI and lets it make decisions for him

May 2, 2023

Man gives all his financial info to AI and lets it make decisions for him

May 2, 2023

Joshua Browder, the CEO of robo-lawyer startup DoNotPay, says that he handed over his entire financial life to OpenAI’s GPT-4 large language model in an attempt to save money according to Futurism. 

“I decided to outsource my entire personal financial life to GPT-4 (via the DoNotPay chat we are building),” Browder tweeted. “I gave AutoGPT access to my bank, financial statements, credit report, and email.” According to the CEO, the AI was able to save him $217.85 by automating tasks that would’ve cost him precious time.

But whether it’s really as simple as Browder makes it out to be in his Twitter thread remains to be seen. For one, as the CEO of an AI startup, his opinions on an up-and-coming feature should be taken with a grain of salt.


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DoNotPay’s track record isn’t that stellar, either. The company has been attempting to get a robo-lawyer service off the ground that can take care of things like getting out of a parking ticket on your behalf using AI, but a paralegal found glaring errors in the AI’s “ability to craft legal documents.”

And embarrassingly, its plans to have an AI inform a defendant in court via a hidden earpiece were stopped in their tracks after human prosecutors warned Browder that such a move could result in jail time.

Then there’s the matter of handing a chatbot all your banking login credentials — a move that could come with its own considerable risks, depending on where the data might eventually land. For DoNotPay’s latest trick, Browder had the tool take care of a number of different tasks to save some money.

For instance, the tool started by canceling “useless subscriptions” including a gym subscription, that cost Browder $80.86 a month. Then it got creative, drafting a “persuasive and firm legal letter” to get a refund for a less-than-stellar WiFi service during a United Airlines transatlantic flight.

According to Browder, GPT-4 even managed to negotiate on his behalf to save more than $100 on his monthly Comcast bill.

“We are building DoNotPay Chat to be available as a ChatGPT Plugin, on our website and even via iMessage,” Browder promised. “Consumer rights is the perfect job for AI!”

But will it actually work as advertised? Given the amount of sensitive data users would have to give up would require future customers to put a tremendous amount of trust in DoNotPay and OpenAI’s LLM.

About the Author

End Time Headlines is a ministry founded, owned, and operated by Ricky Scaparo, established in 2010 to equip believers and inform discerning individuals about the “Signs and Seasons” of the times in which we live. Ricky authors original articles and curates news from mainstream sources, carefully selecting topics, verifying information, and utilizing artificial intelligence tools to ensure content is both timely and accurate. Every piece is personally reviewed and edited by Ricky to align with the ministry’s mission of providing a prophetic perspective on current events.

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