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A question about Open Banking
Murmansk
Posts: 1,186 Forumite
I have a Starling Business account and use Quickbooks for my accounting. There is a connection between the two using Open Banking.
What puzzles me is the delay between a transaction becoming visible in my online banking and it making its way into Quickbooks via the Open Banking connection.
Even if I go into Quickbooks and click Refresh it's never up to date and often takes a day or two to reflect recent transactions.
Is there a deliberate delay built into the way Open Banking works?
A few minutes later
I pasted my text above into Google Gemini and got a very good answer. I'd paste it in here but I suspect it might be against the rules on here so try it for yourselves! It's a good example of how good AI can be - assuming it's correct!!!
What puzzles me is the delay between a transaction becoming visible in my online banking and it making its way into Quickbooks via the Open Banking connection.
Even if I go into Quickbooks and click Refresh it's never up to date and often takes a day or two to reflect recent transactions.
Is there a deliberate delay built into the way Open Banking works?
A few minutes later
I pasted my text above into Google Gemini and got a very good answer. I'd paste it in here but I suspect it might be against the rules on here so try it for yourselves! It's a good example of how good AI can be - assuming it's correct!!!
0
Comments
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Never assume that any AI answer is correct (safer to assume the opposite!) - it doesn't actually know things, just presents plausible text based on your prompt.5
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OK but that text is ultimately obtained from a distillation of stuff on the internet rather than just being randomly created to sound plausible?GingerTim said:Never assume that any AI answer is correct (safer to assume the opposite!) - it doesn't actually know things, just presents plausible text based on your prompt.1 -
I saw a post on Reddit today which suggests AI gets about 40% of their data from Reddit lolMurmansk said:
OK but that text is ultimately obtained from a distillation of stuff on the internet rather than just being randomly created to sound plausible?GingerTim said:Never assume that any AI answer is correct (safer to assume the opposite!) - it doesn't actually know things, just presents plausible text based on your prompt.
The google AI summary when it links directly to a bank page is probably ok to skim and confirm directly on the source, if it's an open ended question, I wouldn't trust itSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Which is exactly why you shouldn't trust it, because the internet is full of rubbish and doesn't distinguish between rubbish and truth.Murmansk said:
OK but that text is ultimately obtained from a distillation of stuff on the internet rather than just being randomly created to sound plausible?GingerTim said:Never assume that any AI answer is correct (safer to assume the opposite!) - it doesn't actually know things, just presents plausible text based on your prompt.
Here's a nice example of it failing a simple question.
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All fair comment, I have to say my limited experience of AI and what it can do has been quite positive but one needs to be cautious.0
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Could be worse, could be using Grok aka Mecha Hitler
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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I confess I'm jaundiced by having marked a number of essays over the summer in which students, relying on AI, have been confidently and hilariously wrong about a lot of things...Murmansk said:All fair comment, I have to say my limited experience of AI and what it can do has been quite positive but one needs to be cautious.2 -
This is a perfect example of distillation of stuff that is complete garbageMurmansk said:
OK but that text is ultimately obtained from a distillation of stuff on the internet rather than just being randomly created to sound plausible?GingerTim said:Never assume that any AI answer is correct (safer to assume the opposite!) - it doesn't actually know things, just presents plausible text based on your prompt.
https://www.google.com/search?q=austria+hungary+in+space
AI can't tell what is spoof, story or truthRemember the saying: if it looks too good to be true it almost certainly is.2
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