Sondra King of Phoenix works as a nurse but also runs her own business called Rosewater and Castiron on the side. As a master crafter, she creates items for clients for special occasions and helps fellow crafters improve their skills and creativity. King uses ChatGPT, an AI tool, every day to write product descriptions, promote her website, and create keywords to help people find her site.
Since incorporating AI into her workflow, her business has started booming. AI can also help optimize personal finances and investment decisions. Alexander Harmsen, CEO of PortfolioPilot, an automated financial advisor, says their system can provide real fiduciary advice.
Ai boosts small business performance
Registered with the SEC as an investment advisor, PortfolioPilot has a robust compliance program and an audit trail for every piece of advice. PortfolioPilot currently has 22,000 users receiving advice on topics like estate planning and taxes.
The AI-powered financial advisor tracks everything in one place. Harmsen notes that they have around $20 billion of assets on the platform, and interest is growing rapidly, partly because they don’t charge anything initially. As more people turn to AI tools to enhance their performance at work, like King, it is leading to increased income.
This year, King is on track to double her sales from the previous year. King enthusiastically states, “While I do love to talk and I am full of words, I am not as creative as ChatGPT… she is my bestie.”