Google is experimenting with an AI tool that can offer financial and life advice

Google is experimenting with an AI tool that can offer financial and life advice

According to reports, Google is developing generative AI technology that may serve as a “life coach.” The AI program can carry out “at least 21 different types of personal and professional tasks,” such as providing life counseling, ideas, preparing meals and tutorial instructions, and more, according to internal documents examined by The New York Times. The project, according to the article, shows Google’s expanding efforts to compete with OpenAI’s ChatGPT and Microsoft’s Bing Chat. The project also represents a shift in Google’s AI approach. Following cautionary advice from AI safety experts and former employees, the search giant cautiously tested generative AI updates only within its internal circles prior to the public release of ChatGPT.

A brief about Google is experimenting with an AI tool that can offer financial and life advice

The article notes that the AI-powered life coach has been tested by Google’s in-house AI research department, DeepMind. Additionally, Scale AI, a subcontractor for Google DeepMind, is said to be working with the business. The tool looks to be a chatbot trained to respond to personal inquiries, similar to Google Bard and ChatGPT.

I have a pretty close buddy who is getting married this winter,” is one of the questions being used to train the AI chatbot. She was a bridesmaid at my wedding and my college roommate. Even though I have been looking for a job for months, I really want to attend her wedding to support her. I simply cannot currently afford the ticket or accommodation for her destination wedding. How do I inform her that I’m unable to attend?

The AI chatbot’s goal is to provide suggestions to enhance wellbeing, whether it be financially or socially. Although Google Bard has similar features, the AI chatbot has several restrictions. For instance, the chatbot refrains from answering questions on money, health, or legal matters. It would seem that this deficiency is what the new AI technology is meant to address. The corporation is currently evaluating the tools, and it could decide against using them.

A DeepMind representative told the New York Times that Google has evaluated our research and products across the firm with a number of partners. The study continues, “There are numerous similar evaluations occurring at any given time. The evaluation results in isolated samples is not indicative of our product roadmap.

It is yet unknown whether the Bard will use the new AI life coach. Google is also developing a new AI tool to help journalists in the meanwhile.  The new Google AI technology can help journalists write news pieces for publications. The device is marketed as a personal assistant for journalists and media organizations.

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