what does the LLM-powered°hard word accounting system look like?
- you email it your°hard word expenses°hard word
- it categorizes°hard word them
- it balances your°hard word checkbook°hard word
- it texts°hard word you with questions
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there are obvious extensions°hard word:
- A product°hard word that gives budgeting°hard word advice.
- A product°hard word that gives financial°hard word advice.
- A tax product°hard word.
🔥 one of the problems is that humans, predictably°hard word, dislike°hard word sound advice. they prefer the advice that says they can continue°hard word doing°hard word the problematic°hard word thing, and the inevitable°hard word consequences°hard word will disappear by magic.
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the "data archiving°hard word" is a solved°hard word problem.
all you need is:
- a database
- a blobstore°hard word for the original°hard word artifacts°hard word (receipts, emails, monthly snapshots°hard word of the bank account)
- a machine-readable°hard word summary°hard word of the artifacts°hard word
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as°hard word far as°hard word asset°hard word management°hard word: you cannot°hard word reasonably°hard word avoid°hard word it. 💡 do you keep petty-cash°hard word in a USD-denominated°hard word account? Gold? SPY°hard word? ⚙️ S&P 500 Exchange-Traded°hard word Fund°hard word
as°hard word far as°hard word asset°hard word custody°hard word: this is not°hard word a current plan.
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the various°hard word "views" will surely include°hard word a monthly spend°hard word view, as°hard word well as°hard word a recent°hard word transactions°hard word view.