OPINION: ChatGPT now wants to connect up to your bank accounts — so what could possibly go wrong?

OpenAI’s latest ChatGPT initiative is “a new personal finance experience”: now available in preview to Pro subscribers in the US, the AI chatbot will connect up to user financial accounts, and answer queries on everything from daily budgeting to long-term savings.

In its announcement post, OpenAI says it wants to help people to make sense of their money more easily — without having to check across multiple apps, accounts, spreadsheets, and other records to understand incomings and outgoings.

“ChatGPT can combine that reasoning with your real financial context and what you’ve shared about your goals, lifestyle, and priorities, helping you spot patterns, understand tradeoffs, and plan for big decisions in a way that feels more personal and complete,” the post states..CONTINUE FULL READING>>>