<?xml version="1.0" encoding="utf-8" standalone="yes"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/">
  <channel>
    <title>personal-finance on S Anand</title>
    <link>https://www.s-anand.net/blog/tag/personal-finance/</link>
    <description>Recent content in personal-finance on S Anand</description>
    <generator>Hugo -- 0.156.0</generator>
    <language>en-us</language>
    <lastBuildDate>Tue, 28 Oct 2025 04:37:16 +0000</lastBuildDate>
    <atom:link href="https://www.s-anand.net/blog/tag/personal-finance/index.xml" rel="self" type="application/rss+xml" />
    <item>
      <title>When to choose AI over humans</title>
      <link>https://www.s-anand.net/blog/when-to-choose-ai-over-humans/</link>
      <pubDate>Tue, 28 Oct 2025 04:37:14 +0000</pubDate>
      <guid>https://www.s-anand.net/blog/when-to-choose-ai-over-humans/</guid>
      <description>&lt;p&gt;&lt;img alt=&#34;When to choose AI over humans&#34; loading=&#34;lazy&#34; src=&#34;https://www.s-anand.net/blog/assets/image-13.webp&#34;&gt;&lt;/p&gt;
&lt;p&gt;I charted the &lt;a href=&#34;https://openai.com/index/gdpval/&#34;&gt;OpenAI GDPVal paper&lt;/a&gt; with industry compensation as the size and AI augmentation as color. Big green areas are we&amp;rsquo;re paying people where AI does better.&lt;/p&gt;
&lt;p&gt;&lt;a href=&#34;https://sanand0.github.io/datastories/gdpval&#34;&gt;Click here to see the interactive visualization&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;Clicking to see some actual tasks compared.&lt;/p&gt;
&lt;p&gt;I use this to check whom to ask advice: AI or professional.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;AI beats Personal Financial Advisors&lt;/strong&gt; ~64% of the time. So I invested half my money using ChatGPT&amp;rsquo;s recommendation. (UTI Nifty 50, if you&amp;rsquo;re curious.)&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Accountants beat AI&lt;/strong&gt; 76% of the time. So my tax returns are still filed by &lt;a href=&#34;https://venturapranas.com/&#34;&gt;Ventura Pranas&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;AI beats Government&lt;/strong&gt; - Administrative Services Managers 62% of the time. I haven&amp;rsquo;t figured out how to bypass them yet. Nor customer service representatives.&lt;/p&gt;
&lt;p&gt;Overall, AI beats most managers and clerks, not industrial engineers and pharmacists.&lt;/p&gt;
&lt;p&gt;Here&amp;rsquo;s my current thought where I wouldn&amp;rsquo;t hire AI if a &lt;strong&gt;high portion&lt;/strong&gt; of their work&lt;/p&gt;
&lt;ol&gt;
&lt;li&gt;Has &lt;strong&gt;legal liability&lt;/strong&gt; (e.g. pharmacist/judge vs shop attendant/lawyer)&lt;/li&gt;
&lt;li&gt;Is &lt;strong&gt;subjective&lt;/strong&gt; (e.g. perfumer/auction appraiser vs lab chemist/insurance appraiser)&lt;/li&gt;
&lt;li&gt;Needs rapid contextual &lt;strong&gt;decisions&lt;/strong&gt; (e.g. detective/fireman/ER vs parking enforcer)&lt;/li&gt;
&lt;/ol&gt;
&lt;p&gt;But this apart, if they charged half, would their demand double? If so, even with AI, they&amp;rsquo;ll have more demand.&lt;/p&gt;
&lt;p&gt;&lt;a href=&#34;https://www.linkedin.com/posts/sanand0_i-charted-the-openai-gdpval-paper-with-industry-activity-7388795644661985281-njlc&#34;&gt;LinkedIn&lt;/a&gt;&lt;/p&gt;
</description>
    </item>
    <item>
      <title>Why you too should cancel cable</title>
      <link>https://www.s-anand.net/blog/why-you-too-should-cancel-cable/</link>
      <pubDate>Wed, 29 Mar 2006 12:00:00 +0000</pubDate>
      <guid>https://www.s-anand.net/blog/why-you-too-should-cancel-cable/</guid>
      <description>&lt;p&gt;&lt;a href=&#34;http://www.columbia.edu/~ip71/w116/2006/03/why-you-too-should-cancel-cable.html&#34;&gt;Why you too should cancel cable&lt;/a&gt;.&lt;/p&gt;
</description>
    </item>
    <item>
      <title>How to buy nothing</title>
      <link>https://www.s-anand.net/blog/how-to-buy-nothing/</link>
      <pubDate>Wed, 12 Oct 2005 12:00:00 +0000</pubDate>
      <guid>https://www.s-anand.net/blog/how-to-buy-nothing/</guid>
      <description>&lt;p&gt;&lt;a href=&#34;http://www.ehow.com/how_111392_buy-nothing.html&#34;&gt;How to buy nothing&lt;/a&gt; and &lt;a href=&#34;http://moneycentral.msn.com/content/savinganddebt/finddealsonline/p92985.asp&#34;&gt;What not to buy first-hand&lt;/a&gt; (like books, CDs, and cars)&lt;/p&gt;
</description>
    </item>
    <item>
      <title>Retire early</title>
      <link>https://www.s-anand.net/blog/retire-early/</link>
      <pubDate>Thu, 18 Sep 2003 12:00:00 +0000</pubDate>
      <guid>https://www.s-anand.net/blog/retire-early/</guid>
      <description>&lt;p&gt;&lt;a href=&#34;http://users.kfupm.edu.sa/coe/gutub/English_Misc/Retire1.htm&#34;&gt;Retire early&lt;/a&gt;.&lt;/p&gt;
</description>
    </item>
  </channel>
</rss>
