FinTech Innovation

Due to final exams and end-of-school-year operations, we'll only be running 3 skillbuilders each week. Check back Friday for a new skillbuilder.

This skillbuilder is open for submissions until 11:59 PM PT on Friday, May 24.

Picture this: managing your money without the stress, all thanks to Artificial Intelligence (AI). From helping you save up for that next big concert to investing your spare change, AI is turning into everyone's personal finance guru. Imagine an app that not only tracks your spending but also gives you tips on how to save smarter and invest wisely—all tailored just for you. It's like having a financial advisor in your pocket, always ready to help you make the best money moves.

Your Task:

Explore the Technology: Dive into the world of AI-powered financial tools. Think about the apps that monitor your spending patterns and suggest budgets that actually fit your lifestyle. How do these tools make managing money easier and more effective for young people like you?

Consider the Implications: Reflect on the broader impact of AI in managing personal finances. What does it mean for a machine to guide your financial decisions? How could this change your approach to money, savings, and investments? Consider both the convenience and the need to understand the advice it gives. Are there downsides for privacy or other areas of your life? Risks you might consider first?

✍️ Express Your Ideas: Write a brief thought piece on how AI could transform the way we all handle money. Touch on the possibilities of getting financial advice from an AI, ensuring you're always on top of your financial game. Write a paragraph for your school newsletter where you weigh in on whether or not we should trust our money to machines, and why or why not.