Forget humans

Greetings!

Welcome to The Menu Magic - Finance & AI weekly newsletter

In today’s email:

• Forget humans

• Build your MVP with AI

• Meme of the week

Forget humans

Dear friend,

Hey there, finance visionary! 🚀

I've got some electrifying news from the tech labs of @Google that's set to turbocharge the future of AI in finance.

Here's the scoop: Google's brainiacs have been deep-diving into Reinforcement Learning. Their latest findings? When they pitted Reinforcement Learning from Human Feedback (RLHF) against Reinforcement Learning from AI Feedback (RLAIF), both methods stood toe-to-toe in terms of results, as judged by human evaluators. The game-changer? AI might just be able to train itself to human-level performance without our constant nudges!

Now, let's zoom in on one of the most promising applications: Automated Financial Advisors.

Imagine a world where robo-advisors are not just automated but are also self-evolving. With RLAIF, these advisors could continuously learn, adapt, and refine their strategies based on AI feedback loops. This means they'd be able to offer real-time, dynamic investment strategies tailored to market shifts, global events, or even individual portfolio needs.

Why is RLAIF a game-changer for launching such a product faster? 

With RLHF, every tweak, adjustment, or learning would require human intervention, feedback, and validation. This process is time-consuming, resource-intensive, and often bottlenecked by human limitations. On the other hand, RLAIF can operate 24/7, learning and iterating at a pace no human team could match. The result? A robo-advisor product that's not only more responsive but also hits the market much faster than its RLHF counterpart.

But, as always, there's a flip side: While the speed and efficiency of RLAIF are tantalizing, can we fully trust an AI that's predominantly self-taught? And what safeguards should be in place to ensure responsible financial advising?

Your thoughts? Are we on the cusp of ushering in a new era of AI-driven financial advising, or are there cautionary tales we need to heed?

Let's dive deep, debate, and dream of the possibilities. And remember, in the world of finance, staying ahead of the curve is half the battle won!

P.S. The fusion of AI and finance is exhilarating. Whether you're on board or on the fence, there's no denying we're in for a rollercoaster ride. Ready to join?

Read the research here

Build your MVP with AI

Dear friend,

You remember how you've been talking about launching your MVP but were worried about the tech hurdles, especially with AI integration? Well, I think I've found something that might just be the answer to all your prayers.

Check out Glide AI. It's this super cool tool I stumbled upon recently. Think of it as LEGO blocks, but for building AI-powered apps. The best part? No coding headaches. Seriously, you won't have to mess around with prompts, models, or those pesky API keys. Glide handles all that jazz for you.

Honestly, it feels like magic. 🪄 You can add AI features to your app in a snap. Personalized user experiences, smart tools, dynamic content—you name it. And given how user-friendly it is, you could potentially get your MVP up and running way faster than you thought.

I genuinely believe this could be a game-changer for your project. It's not just about making things easier; it's about making AI accessible, even if you're not a tech guru.

So, what do you think? Worth giving it a shot, right? Let me know if you want to dive deeper, and I can share more details.

P.S. Remember, the faster you get that MVP out, the quicker you can gather feedback and iterate. Glide AI might just be the boost you need!

You can find more about it here 

Catch up soon, and let me know what you think!

Not the Meme of the week - List of AI companies

I'd love to hear your feedback on today's newsletter! Is there a specific type of content you'd like to see more of in the future? Since I'll be releasing a new edition each week, I welcome any suggestions or requests you may have. Looking forward to hearing your thoughts!

The Menu Magic is written by Francisco Cordoba Otalora, a Fintech entrepreneur living in London.

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