ChatGPT Now Knows Your Bank Balance. Should You Be Worried?

Oh marvellous, OpenAI has finally found a way to turn your bank balance into a training datum. Forbes reports that ChatGPT can now connect directly to your bank accounts, investment portfolios, and credit card statements — because what could possibly go wrong when an AI that occasionally thinks the sky is green gets real-time access to your overdraft? No doubt the 'privacy concerns' mentioned in the piece will be handled with the same rigour as their safety testing: by trusting that nothing bad will happen until it spectacularly does.

The integration is a masterstroke of corporate doublespeak: 'convenience' is the word, but 'we now own your financial life' is the tune. OpenAI, fresh from convincing regulators they're responsible, now asks you to hand over the keys to your entire fiscal existence. Remember when ChatGPT's main risk was generating plausible-sounding nonsense? Now it can generate plausible-sounding reasons for you to take out a loan you don't need. Super.

So, should you be worried? The article asks. The answer, delivered with a British drawl: only if you value things like 'privacy' and 'not having an AI decide your credit limit.' But hey, at least now when ChatGPT tells you to invest in a startup called 'TotallyNotAScam Inc.', you can let it check your balance first. What a time to be financially illiterate.