Can Artificial Intelligence Help You Get Out of Debt?
The lucky few human journalists who are still employed are abuzz with ideas for articles about all the ways that generative artificial intelligence can wreck your finances. It can help you cheat your way through college, so that when you graduate and interview for jobs, you have no idea what you’re talking about, and this is immediately obvious to the interviewers. For every employment position that is accepting applications, there are several that have already been outsourced to chatbots. Married people tend to be more financially secure than their unmarried peers, but the more we interact with devices, the less adept we become at interacting with other humans, making the obstacles to finding our match and making it to the altar with him or her even more difficult to overcome. At least, if you are conversing with a chatbot all day long, you are not making impulse purchases. In its programmed sycophancy, it might convince you that you are more awesome than all the job recruiters who fail to hire you realize, but it probably will not convince you that you must have that pair of platform sandals from Amazon. Is that all chatbots can do to help you get out of debt? Even if you can’t count on chatbots to help you find a solution to your debt problems and act on it, you can count on a Philadelphia debt relief lawyer.
Chatbots Can Draft Multiple Versions of a Budget in Seconds Flat
Generative artificial intelligence chatbots like Chat GPT do what search engines like Google do, except they take it a step farther. Google directs you to a list of websites about what others have written in relation to your search query. Chatbots read all the search results quickly and draft a summary in mind-bogglingly natural sounding English. They can also draft many other documents in seconds flat, pursuant to your request.
If a chatbot is going to help you with anything finance related, it should help you draft budgets. Tell it your income, and it will quickly produce a first draft of a budget. Chances are, it will guess your expense categories correctly, but you can clue it in on the ones it missed if it doesn’t. Then you can ask it to draft a version of your budget that prioritizes building an emergency fund. You can compare that budget to the next one you ask it to draft, where it applies the snowball method to debt repayment, and to its draft budget where it applies the avalanche method of debt repayment.
Asking a Human for Help Getting Debt Relief Takes Human Courage
If all it took to get out of debt was drafting a budget, debt relief lawyers would be out of a job. A budget cannot make money appear in your bank account. You may find that the only way out of debt is debt settlement or taking out a debt consolidation loan.
Contact CONSUMERLAWPA.com About Debt Relief
A Philadelphia consumer law attorney can help you if budgeting is not enough to make your debt balances get noticeably smaller. Contact CONSUMERLAWPA.com to set up a free, confidential consultation.
Source:
money.com/can-you-trust-ai-financial-advice/
