Ep219 What AI Can & Can't Do
About this episode
Alpha Schulte discusses the capabilities and limitations of AI in money management.
AI is everywhere right now, including in the money space. But before you hand over your finances to a bot, it's worth understanding what AI is actually good at, and where it falls completely flat. In this episode, Alpha breaks down the real story on AI and money management. She shares why she ended up building the Prosperess app after trying to use AI alone for bank statement analysis (spoiler: it wasn't pretty), the story of a couple who drove off a cliff following GPS, and why a counselling bot once told someone to end their life. She covers what AI genuinely does well: data analysis, automating repetitive tasks, running calculations, and where it simply cannot replace a human. Understanding your money identity, your values, your lifestyle goals, and your emotional relationship with money? That's not something you can outsource to a machine. What you'll hear in this episode: Why "artificial" is the key word in artificial intelligence What AI is genuinely useful for in money management The limitations of AI when it comes to behaviour, beliefs, and identity around money How Alpha used AI to help build Prosperess, and where it kept getting it wrong Why your intuition is still your…
More episodes of Money with Alpha
- Ep221 What Money Personality Are You?
- Ep220 Body Work is Powerful with Jo Goddard
- Ep218 Thriving Money System
- Ep217 You Can Do Hard Things
- Ep216 Thriving with Neurodiversity with Francesca Casaro
Explore listener stats, chart rankings, contacts and more on the Money with Alpha podcast page.