Source - Design Thinking! Comic
this post was submitted on 23 Apr 2024
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Using AI for tax calculations is one of the most insane and braindead ideas i have ever seen. Only topped by military, medical and surveillance applications.
Dont let anything AI near your money people.
I'd say the only thing worse than AI having access to your money is TurboTax having the same.
Lol you think Turbo Tax or your bank isn't using AI for all that?
Your bank is using AI for what really matters to it - figuring out how to sell you shit you don't need.
Boring solved problems, like encoding tax laws, or paying for a taco, tend not to use AI today, and aren't very likely to have it added, until it's hallucinations have gone way down.
Swear to God people don't understand how software works at all. It's like you said: solved problems don't need AI. I wish more people understood this. AI is insanely inefficient and power-hungry. Are there applications where it works and is the best tool for the job? Maybe? I don't know. The closest I've seen is in cases where you basically want to throw a bunch of random shit at the wall and see what sticks, and there's no real way to automate that properly.
But solved problems have solutions that are faster (like, orders of magnitude faster in most cases) and don't consume anywhere near as much power than AI. And people clearly don't understand how software works, because "power consumption" is a massive factor in how much you pay for cloud services (which is what most AI companies are doing).
IIRC some of the bigger banks / financial institutions use AI for fraud detections as well.
No idea what Turbo Tax is supposed to be. My bank can see my transactions ofcourse but they dont add or remove money from my bank account.
well, unless youre getting bank fees for being poor
oof, i guess im privileged enough to not have experienced that.
... you're scared AI is going to steal from you?
More like it doesn't know how to do math. Or it might hallucinate transactions. Current AI is fine when things don't need to be correct or you can iterate until they are. Accounting generally doesn't work like that.
AI, or LLM, that doesn't know what to do. Hell no.
An automatic system that takes in human input (that's already sent to the gov via our employer), does some calculations and returns a result to us so that it can be verified and adjusted as needed by a human? Yes please.
What, you don’t want an AI to invent some tax deduction category to help save you money? No way that can go wrong!