#ai #future #finances
AI-featured credit cards have been common in China for a few months now. Does the phrase sound like a mess or like a cheer? What do you think of it? Well, AI models have matured, but they are still making errors from time to time. The AI model’s accuracy is not 100%. When it comes to money, we don’t think we want to make errors. This Moonshot Kimi K3 native AI card aims to listen to your voice, make decisions, and inform you of the result in its own voice. Prior to this, China’s Zhipu AI, MiniMax, Tencent Cloud, and Alibaba Cloud have been working with Chinese AI-based banking cards. The benefits include incentives such as credits added to cards and AI tokens offered as a bonus.
Now, Moonshot talks are on with the Agricultural Bank of China and American Express for a partnership in this credit card by Moonshot, where AI is powered by Kimi K3. Here, the K3 membership and the card type are linked, and these points are supposedly interadjustable between card and AI use. Spending on AI is adjustable on credit card points. The company wants to add more AI features to typical credit cards, not just managing decision-making suggestions and credits, but a more AI-based approach. Are these just suggestions, or are these executable decisions made by cards?
What can a generic AI credit card can typically do? This has no limits. An AI card can understand your finances and make decisions on your behalf to invest in some bonds or investments it thinks are good for you. But an AI card must ask you before actually investing. The money would be plastic money then on. The AI credit card can even inform you of a sale in a particular area of a product that you may want. Or would it actually buy it for you from an auction at wonderful prize? An AI card can fill in gaps when you are clusmy to make profits.
But what if an AI credit card messes up? Who would be responsible for the losses then? The AI company? Would the AI company help with bailouts, however small or large, or would there be limits on bailouts? Should an AI credit card ask you before making investments, but not all of you know about investments and would be blank on that point.
So, after all this discussion. The point to think about is: is it worth risking your money with AI cards? Would the natural language instruction on AI cards be a good incentive for you? Speaking cards are good enough, but does this signal broader use? A card that can do more than just handle your finances?
Is this just the start? Plastic money of which you have little say. Money that you don’t control. AI money that distributes in a world of its own. Not the world, right now only in China. But with an American bank in partnership with Moonshot Kimi K3, this seems to reach the other side of the ocean too.
A card that can be more than just a credit card. A card that once someone said is all you need in your hands. Do we want a card to manage our lives? Is it not too fast for now? Are we just an entity in the world? Right now, we are humans much more than just a card. But in the future, if we don’t take the right steps, we may end up as an entity, with a card managing not just finances but also what we eat, what we grow in the garden, and even what we wear. A card optimizing our spending, a card that tells us what we want to make for Christmas, and even what we want to do on New Year. Welcome to a new world!


You must be logged in to post a comment.