OpenAI now wants ChatGPT to access your bank accounts

Source: The Verge

Your trust in AI is about to be put to the test: OpenAI will soon let you give the chatbot direct access to your bank accounts. The new feature announced in preview today will allow users to “securely connect” ChatGPT with Plaid — the bank-to-app bridging platform used by 12,000 financial institutions, including Schwab, Fidelity, Chase, Capital One, and more.

“More than 200 million 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 in the context of their personal goals, lifestyle, and priorities that they’ve shared with ChatGPT, powered by OpenAI’s advanced reasoning capabilities.”

When financial accounts are connected, OpenAI says that ChatGPT users can view a dashboard that details their spending history, including any active subscriptions. Users can also ask it to help with financial decisions like buying a house or signing up for credit cards and flag any changes in spending habits.

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This launch follows OpenAI introducing ChatGPT Health in January, a service designed for health-related questions that is “not intended for diagnosis or treatment.” Health, like money, requires a tremendous amount of trust that OpenAI will keep user data private and secure.

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Read more: https://www.theverge.com/ai-artificial-intelligence/931122/openai-chatgpt-financial-accounts-plaid-connection

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Not to mention trust that you'll get correct answers, even though you should never trust any generative AI chatbot. Tests of OpenAI's health chatbot have already shown it gives dangerous advice:

'Unbelievably dangerous': experts sound alarm after ChatGPT Health fails to recognise medical emergencies (The Guardian)
https://www.democraticunderground.com/100221066192

As for whether you can trust OpenAI with your data, there's this story from yesterday:

OpenAI Accused of Handing Over Your Intimate Personal Information to Meta and Google
https://www.democraticunderground.com/10143664955