AI Will Manage Your Money Better Than You | Episode #135

0:00 Paying all of your bills on time.

0:02 This will be nominally easy for an AI.

0:04 Your bills get paid and they don't turn off the water

0:06 or turn off your AC or kick you out of your apartment.

0:09 A humongous fraction of all relationship drama is about money.

0:15 You can just take that all basically away.

0:21 Hey folks, Dr.

0:22 Mike here for the Making Progress channel.

0:23 Well, today we're going to talk about

0:24 how AI taking over your personal finances is

0:28 the opposite of dystopian and it will change

0:30 the game in a very major amazing way.

0:34 Personal finance as far as I can see it is at least

0:37 about three things really just three things if you zoom in.

0:41 Number one, making sure your expenses don't eclipse your income.

0:46 Like don't spend more money than you make.

0:48 Really straightforward.

0:49 I know it's crazy.

0:51 The next one is making sure your bills that are pretty regular get paid on time.

0:55 Huge.

0:56 And the last part is you have your income, you have your spending,

1:02 you have the bills paid, and then whatever's left over,

1:05 you want to make sure that residual income is

1:08 properly invested and or spent in that order with investments

1:12 being the most important and spending being the second

1:15 after you've met your basic needs from paying bills.

1:18 Those are three really easy things to say,

1:21 but not so much to do in the real world.

1:24 And a lot of folks really struggle with all three.

1:28 So, what happens when, in my view, around 2028 or so,

1:31 an AI is ready and able and is an app,

1:35 it can take over all of your personal finances.

1:39 Well, I think oodles of really cool, hyper useful[ __] will make this a change

1:45 that is monumental to our society's standards of living.

1:50 Let's really quick outline uh what personal finance AI might

1:54 do and then talk about what the benefits would be.

1:57 So, what might this kind of AI do for you if you sign up for it?

2:02 Of course, it can organize and streamline your expenses like crazy.

2:08 Here's an example.

2:10 Netflix, Amazon, Uber, rent, food, etc.

2:12 That gets to be a lot of stuff.

2:13 Not only is it a lot of money, but it's a lot of different sources

2:16 of uh your income that go into various things.

2:22 And an AI can look at all of your expenses

2:25 at the same time and really red team if you really need them.

2:30 For example, it can hit you up once a month and be like,

2:33 "Yo, big dog." And you're like, "Okay, I was calling you big dog.

2:37 What's up?" You're like, "Nothing, man.

2:38 Check this out.

2:39 You don't use three of these subscription services anymore.

2:42 You straight up don't use.

2:43 You haven't used them for 4 months.

2:44 Your interests don't even overlap with them.

2:46 I know why you got them cuz I have

2:48 copies of all your emails when you're talking about,

2:49 "Oh, I think this thing is going to be useful." It never panned out.

2:52 You have one of these streaming services for movies you got for one show.

2:55 You've seen that show.

2:57 You don't want to watch the show over again.

2:59 Uh, do you want to keep spending 20 bucks a month on this thing or not?

3:02 And you're going to be like, "Fuck no.

3:03 No.

3:04 Hell no." As a matter of fact, AI from now on, if you know for a fact,

3:07 I'm not using some[ __] anymore, just cancel that subscription.

3:11 Amazing.

3:12 Once AI has all those details,

3:14 it can reduce your expenses a ton and monitor what

3:17 you have left to spend on expenses much more closely.

3:21 Here's another thing AI can do.

3:23 It's nominally easy for a futuristic AI to do.

3:26 It'll be able to buy better products and services on your behalf for you.

3:31 Let's say you're subscribed to a certain car insurance

3:34 plan and you got it like 5 years ago,

3:36 like most of us did, and we just keep renewing.

3:38 No problem there.

3:39 But the AI knows that today your needs are different and it realizes it can save

3:44 loads of money for you because it's already

3:46 scanned all the other plans available on the market.

3:48 And he goes, honestly, for Dylan,

3:50 the second camerach child who now runs the Progress Channel,

3:53 uh, you know, he he needs a different kind of insurance.

3:56 And so this is really like way cheaper and way better for him.

3:59 So, it just tells you that and it'll be like, "Hey,

4:01 you want me to switch insurance?" And at first, people will be like, "Well,

4:04 let's check it in." And then after a while,

4:06 when you realize the AI is smarter than you and does finance better,

4:09 you're just going to be like, "Yeah, man.

4:10 Just don't even ask me anymore, man.

4:11 Just whatever you think is smart, do that so that I get to save more

4:14 money and have better goods and services." Here's another example.

4:17 It saw you looking for protein bars and it actually

4:20 saw you buying protein bars off a certain website one month.

4:23 The next time that you try to buy it, it flags you, goes,

4:25 "Hey, big dog." You're like, "Okay, why do you call me Big Dog?

4:28 I don't understand.

4:29 It's like anyway, uh, Pimp Daddy Payne,

4:32 what do you think about getting these same bars on Amazon?

4:35 They're twice as cheap.

4:35 And you're like, "Oh, I didn't look that up." Like, I did.

4:38 And here's exactly where they're going to be cheaper and higher quality.

4:41 Do you want me to just buy these?

4:42 You be like, "Well, yeah,[ __] Matter of fact, why do I even scroll by myself?

4:45 I should just tell you what I want." And you go

4:47 online and look for where it's the cheapest and still reputable,

4:49 and it's going to be like, "Fuck yeah.

4:51 Just tell me what you want.

4:51 I'll get it handled every single time." You

4:54 can do the alternative where you rumage yourself

4:57 through deals and sales and subscriptions and like

5:01 you go to this some website and they're like, "Oh, we can do this for cheaper,

5:03 but you have to sign up for 2 years instead of one." Like, is that worth it?

5:06 The AI can do all of that for you.

5:09 So, in the end, you get better stuff

5:10 and better services for less money on average, right?

5:13 Just through the kind of deal scoping humans typically do,

5:16 but most of us just don't have time or interest

5:18 in doing the thing is the AI will always update the search.

5:22 It'll search all the time for the stuff you need.

5:24 So, the savings never end.

5:25 It's not like it does this once a year and then you just spend whatever.

5:28 Every time it goes looking for stuff for you,

5:30 it'll try to find the lowest common denominator,

5:33 water, finding its own level, best deal for you.

5:37 And this is going to be massive impact because once

5:39 most people purchase most of their things through their AI,

5:44 the AI cares about quality and it cares about price.

5:49 And really, that's all it cares about.

5:50 But it cares about it in a very mechanical way.

5:52 It doesn't fall for human[ __] like trends and fads.

5:55 You could tell it like, "I need that thing." And I'm like,

5:57 "All right." But mostly AI will just be concerned with quality and price.

6:01 And you guys will know that there are

6:02 lots of items that are not popular, not hype.

6:04 People just haven't figured out,

6:06 but they're like really high quality and really low price.

6:08 But when they're lower price, people go,

6:09 "Oh, I don't know if that's high quality.

6:11 It's price so low, it must be low quality."

6:13 But an AI can interrogate that website, that claim,

6:16 that dealer of whatever can read hundreds of reviews in a second and be like,

6:20 "That actually is a thing that's higher quality, everything else at lower price.

6:23 Other people just haven't gotten to it yet." When that's done by AI,

6:28 the and hundreds of millions of people have a similar AI doing that for them.

6:32 The market pressure on companies to provide better goods

6:35 for cheaper or better services for cheaper is going to skyrocket.

6:39 Because remember, when you purchase things, a lot of times it's on a whim.

6:42 But when an AI purchase things for you,

6:44 all it needs to know is like, what do you want?

6:45 What's your quality bar and I'm going to find you the cheapest way to get that?

6:50 Who says no to that sort of thing?

6:52 Almost no one by default to be like, Dylan,

6:54 can you imagine getting that AI and you're setting it up and it's like,

6:56 hey, for a given level of quality,

6:59 do you generally want me to find cheaper deals or just yolo?

7:03 Who the[ __] types in yolo?

7:06 Not very smart people.

7:07 Not very smart people or trillionaires like me.

7:09 I I like spending money just for the act of it.

7:11 And say, do you like watering your garden?

7:13 Yes, I like to just throw money everywhere.

7:15 If you're not an insane person, this is like a default setting.

7:17 You never change.

7:18 And all of a sudden, the entire market is getting signals of like, yeah,

7:22 the AI agents who buy stuff for people will all knock on your door

7:27 at the same time if you have the best product for the cheapest price.

7:30 But if you don't, then you're going to get way less attention than usual.

7:33 dumbass branding,[ __] marketing,

7:35 convincing people they need[ __] they don't need to.

7:38 All starts working way,

7:38 way less because the agents don't care about any of that stuff.

7:41 They're looking at quality and they're looking at price.

7:43 You benefit, the entire market benefits and industry benefits

7:46 as a whole because it makes leaps and bounds to get better.

7:49 Here's another use case which is like[ __] enormous, you guys.

7:53 Paying all of your bills on time.

7:56 This will be nominally easy for an AI.

7:58 It can write you a script right now that is just checks all your bills,

8:01 checks when they're due, is API to your bank account,

8:04 API to the companies that demand money,

8:06 has a confirmation structure and a, you know,

8:08 whatever crypto validated structure to make sure no one's ripping you off,

8:12 and it be like, well, just transfer money from one place to another.

8:15 It's just not that difficult for AI, for humans, it's annoying.

8:19 Paying bills is a giant waste of time.

8:21 It's a use of time, not a waste of time.

8:23 It sure feels like a waste.

8:25 Nominally easy for this whole thing.

8:27 So, what does this mean?

8:28 First of all, it means your bills get paid and they don't turn off

8:31 the water or turn off your AC or kick you out of your apartment.

8:35 Amazing instant standard of living boost living inside an apartment and not.

8:39 Secondly, it means that you pay your bills on time

8:42 every time and never hit late fees or warnings,

8:44 which is amazing for all of the companies

8:46 that finance the people you whose bills you're paying to.

8:49 Because if I have a a a company that like charges someone

8:52 for something and I have a lot of people not paying me on time,

8:54 that can be financially kind of scary.

8:57 and the company that's backing me with money is like, "I don't know, man.

8:59 This is really high risk." But if almost all

9:02 of my people pay me on time almost every time,

9:05 like an autodraft situation, except the AI makes the decision to go,

9:08 "Okay, approve this payment." Then everyone's finances are much smoother.

9:11 The entire economy runs smoother.

9:13 But to me, there's a human psychological benefit

9:16 to pretty much everything I talk about on this channel.

9:18 The big one here is this.

9:20 It means you never have to worry about paying your bills ever again.

9:26 Dylan, do you have that like recurring dream where you wake up

9:29 and you haven't paid a critical bill and they cancel your life every night?

9:34 Every night.

9:35 Oh, that's a joke.

9:36 But you guys know what I'm talking about.

9:37 It's like, oh, did you?

9:39 Typical 1970s husband and wife disagreement.

9:43 Gh, Gerald, did you pay the water cleaner bill?

9:48 Like, what's a water cleaner?

9:49 I thought water did the cleaning.

9:51 Gh, you futs.

9:52 you putts, you fleck, whatever fake Yiddish word.

9:56 Uh, you[ __] And you know,

9:59 you probably weren't into her in any way cuz she used to be pretty in the 60s.

10:02 She really let herself go in the 70s.

10:04 I don't even know what the hell's going on there.

10:06 But you try to hit it every now and again,

10:07 my pimp, but you're just like, "Nah, man.

10:09 This ain't me cuz this[ __] yelling me out all the time.

10:10 I don't like that sort of thing." If

10:12 she had an advanced AI just paid bills automatically,

10:15 it would eliminate a ton of[ __] All jokes aside,

10:18 a humongous fraction of all relationship drama is about money.

10:23 You can just take that all basically away.

10:27 Unreal.

10:28 Here's another benefit.

10:30 This AI can allow you to restructure your priorities during hard times.

10:34 You might hit a snag in your income for whatever reason or medical[

10:39 __] comes up or your family needs money, so on and so forth.

10:43 Then you can tell the AI that.

10:45 It'll also be your personal assistant by then.

10:47 So, it'll almost certainly know the details better than you by that point.

10:50 And it will offer to reduce certain non-essential expenses to make[ __] thin.

10:54 It's going to be like, "Okay,

10:54 you need like an extra 500 bucks a month for the next 3 months." Like,

10:57 uh, it goes, "All right, I did a top ranking of things we could

11:01 cut right now that'll you use the least seemingly." Um,

11:05 and then you're like, "Wait, wait, wait, wait, wait.

11:09 Chad GPT, you're telling me you think that I can

11:14 survive even a day without my monthly subscription to aivix.net?

11:20 Are you[ __] crazy?

11:21 Those are my girlfriends on there." And he goes, "Look, like,

11:24 do you want your mom to make her surgery situation

11:26 make sense or do you want a vixens.com?" And you're like,

11:30 "Show me a picture of my mom again.

11:32 I remember what she looked like." In any case,

11:33 whatever choice you make there, all jokes aside,

11:36 you can really just have it crunch you down

11:38 and be super lean when the times are lean.

11:40 When the times get good again, you can it'll say, "Hey, listen.

11:43 We have lots of money.

11:44 You can buy whatever the[ __] you want within this price range." But buying[

11:48 __] you want within your price range

11:49 is always and everywhere the second best option.

11:51 The first best option is investing your residual income.

11:56 It's not all tough times.

11:58 So often you'll have spare money at the end of each month.

12:01 This can happen to someone of almost any income.

12:04 There is so much to say here.

12:06 First, the AI can calibrate your expenses to almost any income level,

12:10 which basically means that if you're not making a ton of money,

12:13 you can still put money away for later by spending less money.

12:18 You can spend less money on fancier clothes,

12:20 spend less money on discretionary food expenses, entertainment, etc.

12:24 Hey, do you want to go to the movies this week?

12:26 No.

12:27 My AI says I'm saving money.

12:29 Okay, cool.

12:30 Well, that's that.

12:30 No movies, no big deal.

12:32 But then you make more money, more money, more money.

12:34 And all of a sudden,

12:34 you're investing and all of a sudden you're rich later and people ask you,

12:37 "How come it happened?" So many folks who

12:39 need a bigger margin for money overspend on food, entertainment, clothing,

12:44 and can't make ends meet or never leave anything for a rainy day.

12:48 That problem can be entirely solved by AI.

12:51 Secondly, the AI can take this money,

12:54 the spare money that this has generated, and save it for you.

12:57 So, if you want to save for a vacation, the AI can just autosave for you.

13:01 So, when it's time to buy the trip, the money is there.

13:03 You just tell the AI like, "Hey, in six months,

13:05 I want to go to Mexico with my girlfriend." And all right, uh, cool.

13:09 What do you think?

13:09 $3,000 enough?

13:10 You're like, "Yep, I get.

13:11 What do you think?" It's like, "Yeah, 3,000.

13:12 You can have a great time." Okay, cool.

13:13 Cool.

13:14 Uh, just like, can you just alter my[ __] so that I save 3,000?

13:17 And it be like running the numbers and yep, totally fine.

13:20 Cool.

13:21 Lastly, the big one, AI can invest for you.

13:24 I'm going to do another video almost certainly about

13:26 the impact of AI assistant investing on the larger economy.

13:29 So I think that's just going to be absolutely massive when AI is basically

13:33 everyone's investor which is coming up very

13:35 very very soon several years at the most.

13:38 But on a personal level just for you as it affects you all you need

13:43 to do is pick a risk profile for the AI uh risk and and variance.

13:47 You can say 90% lowrisk uh investment vehicles like stocks and[ __] like

13:51 that and then 10% just in insane risk but I don't care if

13:54 I lose that money or just all investments at like low to moderate

13:58 risk whatever you like and the AI is just going to take your money

14:02 that you have as residual and pour it down the throat of investments

14:05 so that 5 years later you have a lot of money and 10 years

14:09 later you don't have to go to work anymore because you invested so

14:11 much money intelligently that now like

14:13 the investments pay for you and for themselves.

14:17 So far, the AI is using a lot of our money

14:19 for a bunch of[ __] And you might be asking, where do I get to make decisions?

14:23 What I want to do personally is eliminate as much decisions as I'm making.

14:26 And so maybe there's just going to be this situation

14:29 with AI where it cuts you free spending cash,

14:32 whether it's daily, weekly, or whatever.

14:34 So after your has paid the bills and saved some money for the stuff you

14:38 want saving and just have a rainy day fund and invested some of that money,

14:42 you are likely or you can choose to constrain those such that you have

14:47 some money uh left over that you can spend on anything that you would like.

14:54 And you're going to want to have money

14:56 to spend on some stuff you're going to want.

14:58 That's just like fun stuff spending.

14:59 No problem.

15:01 The downside of fun fun stuff spending is that when

15:04 you're spending on fun stuff in the back of your head,

15:06 you're like, "Am I spending too much money on this?

15:08 Is this not good for the budget?" etc.

15:10 Your financial AI will be able to cut you a cash amount daily, weekly,

15:14 monthly, whatever it is you need that you can spend on any interval you like.

15:18 And this money is already accounted for in bills, savings, and investments.

15:23 You're not dipping into anything.

15:25 It's exclusively spending money so that you

15:28 can spend the spending money 100% guilt-free

15:32 or you can save a little bit

15:33 of the spending money that you're allocated daily so

15:35 that once a week or even once a month you can save up to buy

15:38 yourself something way more expensive and way more

15:40 fun if you're into that sort of thing.

15:44 Next up, an amazing use case for AI bill

15:49 paying financial manager situation is the use case of UBI,

15:53 otherwise known as universal basic income.

15:57 This kind of AI will liberate almost all of us from even

16:00 having to think about money on a daily or even longer basis.

16:04 Just do your job that you make income from and the AI handles the rest.

16:08 It funnels all of your work money into all of these things

16:10 and even gives you spending money at the end of the day.

16:12 But there's at least one very special use case

16:16 for which this kind of AI makes an enormous difference.

16:20 Cuz look, most of us are okay at budgeting

16:22 and some amazing apps can already help us.

16:25 Or if you're stacked up to the sky,

16:29 or rather Dylan, you're breded up to the roof.

16:32 Or more specifically, you've cheeded yourself up to the limit.

16:37 You have a money man for that sort of thing.

16:39 See?

16:39 So you don't even use apps.

16:40 You got a guy that does your money for you.

16:42 You don't have to worry about it if you're that bread and out of control.

16:45 But here's the irony.

16:48 Who needs somebody intelligent to control their money for them?

16:53 Rich people typically don't cuz they're just fine doing it by themselves.

16:56 Also, the stakes are really low.

16:59 Rich people can spend an extra $50,000 a month and they're like,

17:02 "Oops." And nothing happens because they make $200 extra thousand a month.

17:06 The folks that are the worst at budgeting on average,

17:10 tragically, are the people who can least afford to slip up.

17:14 They're at the bottom of the socioeconomic ladder.

17:17 Lowincome folks often have serious budgeting problems.

17:21 It is also true to say that it's one of the number one

17:24 reasons why they have low income

17:25 is consistently because they're bad at budgeting.

17:28 That sorry, not low income,

17:29 they have a lower standard of living because they're bad

17:31 at budgeting and they have a low income among other things.

17:34 Right?

17:35 UBI, universal basic income,

17:37 has been proposed for our AI empowered future and it has some awesome upsides.

17:41 But the UBI has at least two main drawbacks if your economy can even afford it.

17:47 First main drawback is it can potentially

17:49 reduce the drive to work and be productive.

17:51 If you get paid money, you don't give a[ __] anymore.

17:53 You don't do[ __] That's another video that I might make later on.

17:56 There are a variety of ways to address that problem.

17:59 But the second concern pertinent here is that folks can spend much

18:04 or all of their UBI monthly check because remember universal basic income.

18:08 You just get a monthly check from the government

18:10 for like I don't know like $5,000.

18:13 Be like well that's[ __] enough to live on basic income.

18:17 Spend it how you like.

18:19 A lot of folks are going to spend most of it

18:22 or all of it on[ __] and not cover their basics.

18:26 This is an enormous enormous deal.

18:30 It is a huge impediment to UBI working

18:33 at scale because precisely the people that have low income,

18:39 a large fraction of them are also[ __] terrible at spending their money.

18:44 I'm not looking down on anyone saying this.

18:45 When I was in my college days, I was exactly this person.

18:48 I was awful at budgeting.

18:49 I didn't have any money.

18:51 And so if someone gave me a bunch of money,

18:53 which my parents did some, then I would spend it[ __] really poorly.

18:58 Bad deal.

18:59 If you give people UBI, right, and they spend it on like snack food and drugs,

19:03 and they don't spend it on like educating their children,

19:06 medical expenses, paying rent,

19:08 they're in the same problem they were in, except now they

19:11 have like a cool order from Burger King and a Bugatti.

19:16 And you're like, what the hell is that going

19:17 to do to actually raise your standard of living?

19:19 It won't.

19:20 This is a massive, massive problem.

19:22 Many very insightful analysts who are proponents of the UBI admit

19:26 that this problem of people who are already bad at spending money

19:28 are just getting money to be spent and then they spend

19:31 it poorly and we're left with the same[ __] problem as before.

19:35 I'm going to paint a real stark picture for you.

19:37 You give mom money.

19:38 She has two kids.

19:39 She spends it on drugs and vacations.

19:42 The kids don't have food.

19:44 If anyone there's they've turned off the heat at the house,

19:46 you're back into the same[ __] hole situation.

19:48 This is already happening in real life and now you just pour money on it.

19:52 The money goes right to mom.

19:53 She does dumb[ __] with it.

19:54 Why?

19:54 Because mom's the kind of person that does dumb[ __]

19:57 That's the 99% reason why her kids are[ __] poor.

20:00 And it just continues.

20:01 This is a big problem.

20:02 It's a real thing because precisely the people that need it the most,

20:07 very poor people are the most likely

20:09 to misspend it on leisure, impulse drugs, etc.

20:12 But our futuristic AI financial manager

20:15 could come standard with everyone's UBI check.

20:17 Like you don't just get the check, your AI gets the check.

20:21 Your AI is just exists for you.

20:23 The government could authorize it.

20:25 Any private company could run it.

20:27 And so your own personal AI gets a ping from a government server and goes,

20:31 "Hey, you're the financial AI." And it's like, "Yep.

20:33 Well, here's this person's social ID or social security.

20:36 Yep.

20:36 Confirm.

20:36 Confirm.

20:36 Cool.

20:37 Here's their $5,000 for the month.

20:39 Thank you.

20:40 Now your AI has the money." And the government won't just send you

20:43 the money anymore because they can't rely on you doing right[ __] with it.

20:46 That's why you need the money, remember?

20:48 Because you can't do right[ __] with the money.

20:50 It just sends it to your AI.

20:52 But it's going to happen.

20:53 The AI is going to spend your money on the necessary things it has

20:57 to spend to give you that backs stop

20:59 standard of living for which UBI is designed.

21:01 It's going to spend it on bills.

21:03 It's going to spend it on basics.

21:05 And it's going to give you a little slice

21:06 to spend freely if there's enough to also invest for you.

21:10 So that's a good thing for people to debate

21:12 in politics is how much of universal basic

21:14 income should give you a free slice to just

21:16 have fun with versus pay for your essentials.

21:18 Cuz the political determination might be like minimum to zero free slice stuff.

21:24 If you want a free slice of money, just go get a[ __] job.

21:26 And the UBI doesn't fuss with your job.

21:28 You get a job.

21:28 The UBI doesn't the check still clears.

21:31 So you can get a job just for fun stuff

21:33 on top of the UBI paying for your very basics.

21:35 It does get weird politically if you say, "Yeah,

21:37 UBI should also pay for fun stuff." I'm down with that.

21:40 That sounds cool to me.

21:41 It's one of many worlds that we can definitely afford in the future.

21:43 But, you know, that is a really good time

21:46 where politics can play a really decisive role, right?

21:49 But this is a really,

21:50 really big deal because then UBI can do what it's supposed to do.

21:55 Make sure everyone's rent is paid,

21:57 their medical is paid, their transportation is paid,

21:59 clothes are in the closet, and food is on the table.

22:02 That's what a uh UBI is designed for.

22:04 And through AI financial managers, it can accomplish this nominally.

22:09 And then this really helps poor folks in a way

22:12 that just do what you want with this money.

22:13 Here's a check could never do.

22:16 Even with UBI, this in my view is going to change society so much.

22:22 This whole financial manager situation, first order gains,

22:26 they're not glamorous Wall Street wizardry.

22:29 They're very applied practical things.

22:31 Fewer late fees, fewer shut offs, fewer overdrafts, arguably zero in some cases,

22:38 fewer missed discounts, fewer forgotten subscriptions, more consistent saving,

22:44 more automatic investing, more consumer pressure on firms to provide

22:48 better products and services for cheaper, and less background stress.

22:52 Arguably no background stress because your[ __] is being handles handles.

22:57 handled over time.

22:59 That means a higher standard of living,

23:01 especially for people who currently are the most financially disorganized,

23:05 which are the same people on average

23:07 as the people who have the most money trouble.

23:10 This is one of these technologies that does

23:13 not need to be godlike to change the world.

23:16 It just has to be consistently competent.

23:18 And in a few years, this will be such an easy thing for AI to do.

23:23 I for one 1,000% will sign up for this as soon as it is

23:26 real and vetted and works at scale

23:28 because[ __] every single part of doing financing.

23:31 I'm personally excited for this killer app as people like to say.

23:35 I can't[ __] stand budgeting and investing and tracking on vibes.

23:39 I love them so much.

23:41 Maybe one of the only real big things in my life that I look forward to is

23:44 just making my investment pile bigger for no

23:47 other reason to the scratch the Judaism itch.

23:49 I don't even spend my money, you guys.

23:51 It's just there being invested intelligently into companies that'll spend

23:54 it better uh to make the world a better place.

23:57 It's weird, right?

23:58 But you would think, "Oh, I love budgeting and tracking."[ __] all that.

24:01 I don't want to ever look at money ever again.

24:03 And if I know that my bills are paid,

24:05 my investments are being tended to, and I get a bit

24:07 of free money to spend guiltree at the end of the day.

24:10 That's amazing.

24:11 I'm really pumped about this.

24:12 I think it's a two to three years away sort of thing.

24:15 And again, as I'm inclined to say more and more at the end of these videos,

24:18 if this isn't a system that's anyone has built yet,

24:21 what the[ __] is stopping you from building it or from getting with a company

24:26 that is nice and early and making yourself a little sweet bit of cheese?

24:29 Dylan, can you can you call us can you um red carpet us

24:33 out of this by reminding me of other hood euphemisms or terms for money?

24:39 Oh, yes.

24:40 Uh yeah, we got goop.

24:43 Uh, moola.

24:44 Moola.

24:44 What else?

24:46 Uh, man.

24:47 Go up.

24:48 Moola.

24:49 Dy Dylan.

24:49 Fetty.

24:50 Fetty.

24:50 Oh, the fetty.

24:51 The the you getting that fetty.

24:54 All right.

24:54 Already.

24:55 Yeah.

24:56 And uh cake.

24:58 Cake.

24:58 Guala.

24:59 I think guala is one of them.

25:02 Yeah.

25:01 Huh?

25:02 Rain.

25:03 You feel me?

25:04 Rain.

25:04 Yeah.

25:04 Make it rain.

25:07 Anyway, see you guys next time.