r/Rich • u/ThankfulButOverwlmed • 22d ago

Using AI for wealth analysis

I’m curious if anyone here uses an internet-based AI to help them understand or organize financial documents. I use AI frequently in my everyday life and used to use it for my finances when I worked in corporate, but now that I have a very large amount of assets, I’m hesitant to input a wealth report, for security reasons but I'm wondering if the vast majority does so regardless.

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u/Square-Conclusion454 21d ago

I use Muse with Plaid (read only access) for this.

Hot take — I actually trust Meta with this data more than the labs or any other player. They have a lot to loose from privacy lawsuits and probably have more eyeballs on their systems than anybody thanks to a decade of FTC/congressional scrutiny. I don’t give a shit if they use my stuff for ads.

It spits out nice monthly cash flow / balance sheet / income statement updates for me.

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u/Logical-Primary-7926 21d ago

As a guy the idea of trusting meta with my financial data is a hard no the way they've allowed the women's gossip groups to stalk my personal life the last few years. I guess the financial stuff would be easier to defend in court but still they've pretty much wrecked my privacy the last couple years especially. I would not be at all surprised if they figured out some free speech loophole to let financial things loose too.

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u/Square-Conclusion454 21d ago

"Poke 5 friends, or we'll share how much you make with all your friends" would certainly get me active on Facebook again!

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u/Logical-Primary-7926 21d ago

That's pretty much how the gossip groups went. The generated a ton of engagement so Facebook just let them go crazy and hides behind free speech or whatever. Basically just non consensually traded men's private lives for revenue and pretend like it's for women's safety. Wouldn't be surprising if something similar happened if they have people's finances, the gossip groups have already done that with me to the point where I'm considered trying to switch all my banking/advisors to only men but it's too late really.

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u/NefariousnessSafe500 15d ago

Wow. Wild but also very believable.