One of the vital important technological breakthroughs in the previous couple of years is AI. It began with chatbots writing essays and creating cute photos. Now it’s in all places. It’s above my pay grade to touch upon what AI will do to jobs, the macroeconomy, or the markets. I can solely share how AI has helped me on the micro degree.
The experiences I’m sharing beneath had been all with the free model of ChatGPT. I used ChatGPT solely as a result of it got here out first. There are not less than 4 main AI chatbots now. I consider one other AI would’ve completed simply as properly. I’m presently experimenting with different AI fashions to see which one I like higher for which duties.
AI Detected Mysterious Energy Utilization
I purchased a home with out an agent final December, however I didn’t transfer in straight away. The primary month’s electrical energy invoice got here and confirmed that an empty home used extra electrical energy than the home I lived in. I requested AI what might have brought about such excessive utilization. It gave me some probably causes and a technique to search out the wrongdoer: flip off breakers one by one and watch for big drops in consumption on the electrical meter.

AI might learn the handwriting on the breaker panel to inform me which breaker is extra suspicious than one other. It taught me tips on how to learn the present load from the electrical meter to see whether or not the mysterious energy consumption was on the breaker I simply turned off.
Positive sufficient, I discovered it. The earlier proprietor had ice-melting roof cables working 24/7 with none swap or sensor. My electrical energy utilization dropped by 15 kWh per day after I unplugged the de-icing cables.
AI Reconfigured Water Heater Recirculation
Subsequent got here the pure gasoline invoice. It additionally confirmed excessive utilization whereas I had already set the thermostat to 60 when the home was unoccupied. I requested AI once more. It shortly zeroed in on the water heater after it requested me in regards to the gasoline home equipment in the home. It turned out that the recirculation setting within the tankless water heater was set to “all the time on.”
Turning off recirculation would decrease the pure gasoline invoice, nevertheless it additionally would make me wait longer for warm water. I requested AI for a compromise. It mentioned my water heater mannequin helps an on-demand mode utilizing wired push buttons (like doorbell buttons) to activate recirculation as wanted. Wiring requires an excessive amount of work. I requested AI for a wi-fi answer. It advised me to make this:

A 12V energy adapter powers a Shelly 1 sensible swap, saved in a plastic venture field, with a gap drilled on two sides to connect cable glands. Wi-fi movement sensors within the kitchen and bogs set off the sensible swap, which prompts recirculation. I had by no means heard of any of those parts earlier than, aside from the facility adapter.

I despatched AI this diagram of the management board from the water heater’s instruction handbook to ask whether or not I might skip the 12V energy adapter and use the 12V contact within the SIGNAL 1 terminal on the management board. It learn the diagram and gave me good the reason why it might work, nevertheless it was safer to make use of an exterior energy adapter and join the swap to the SIGNAL 2 terminal.

AI’s answer labored. On-demand activation lowered pure gasoline consumption by 100 cubic ft per day versus working recirculation 24/7.
AI Dimmed Exterior Lights
I gave AI one other drawback that bugged me. My exterior lights on the edges of the storage door had been too vibrant. I couldn’t merely change the bulbs as a result of the lights don’t have bulbs. They use built-in LEDs. They had been managed by a dusk-to-dawn photocell. I couldn’t put them on a dimmer as a result of there was no swap for them inside the home.
AI advised me to search for a junction field the place I might place a dimmer. I couldn’t discover the junction field it wished, however I discovered a swap for a porch gentle that was additionally downstream of the photocell. I requested AI whether or not I might merge the storage lights onto that swap. It gave me a cautious “possibly,” with a listing of situations to examine behind the swap cowl.

I took the duvet plate off and despatched a photograph to AI. It learn the wires and confirmed that transferring the wires would adjust to the Nationwide Electrical Code.
Lengthy story quick, AI guided me in rewiring the lights on the swap and putting in a sensible dimmer. These exterior lights by the storage door aren’t too vibrant anymore.
AI Is aware of Extra Than the Common Individual
All the above could also be too primary for a few of you, nevertheless it was all new to me. I didn’t know what impartial wires appeared like earlier than I engaged with AI. I don’t assume the common particular person might have helped me as a lot as AI. I might have requested an electrician, however AI is free and out there 24/7.
AI additionally answered many questions in vastly totally different fields. It defined to me why two geese flew out and in each day with a gaggle of untamed geese, and the geese weren’t hostile towards the geese, as a result of they had been clearly totally different species. It additionally defined why the heads of mallard geese look inexperienced, however the feathers are literally black or charcoal while you have a look at them on a desk.
An electrician may also help me with wiring, however I don’t assume the common electrician is aware of about geese. AI is aware of greater than the common particular person as a result of it represents the mixture data of the Web.
AI Is Higher Than Google
Google was a know-how breakthrough within the early 2000s. Google made it a lot simpler to search out data on the Web. Most readers of this weblog discovered me instantly or not directly via Google. I’m grateful to Google for connecting all of us, however the person expertise of AI is a lot better than that of the standard Google search.
You Google one thing and discover a supply. The supply could also be addressing one thing associated, however not essentially precisely what you’re searching for. It might require some background data that you just don’t have. You Google once more and discover one other supply. The 2 sources could complement one another, but additionally contradict. Typically you may go away a remark to ask for clarification. The creator could or could not reply. I can’t presumably sustain if each reader of this weblog asks me a clarifying query. I’m positive many individuals studying my posts left with unanswered questions.
The person expertise with AI is a lot better. You’ll be able to ask AI in lengthy paragraphs and provides extra context. You’ll be able to add photographs to clarify and make clear. AI tailors the reply to your query and context. You’ll be able to ask follow-up questions. AI remembers the dialog. You’ll be able to decide up the place you left off from days earlier than.
The options to my issues on this submit all occurred over a number of days. AI pointed me in a path. I went there and reported again what I discovered. It then gave me the following steps. It was like having an on-call guide. I don’t assume I might have achieved the identical outcomes as simply with conventional Google searches.
Google is aware of this. Google prominently options its Gemini AI while you use Google Search now. It has to do it to remain related.
Ask Observe-Up Questions
You get extra out of AI while you preserve asking follow-up questions. The extra you ask, the extra particular the solutions will probably be to your actual wants and constraints.
AI didn’t give you all the answer to my water heater recirculation drawback in a single go. The conversion began with what was burning a lot pure gasoline. After I turned off recirculation, the following query was why that setting was enabled and the way I might nonetheless get the advantages with out working it 24/7.
AI introduced up wired buttons. I requested for a wi-fi various. AI gave me the sensible swap. Once I requested how I might energy it, AI mentioned to faucet into 110V AC energy. I learn the swap’s handbook, which mentioned it might additionally use 12V DC. I requested AI whether or not 12V DC could be a greater method. AI mentioned “Sure!” though it didn’t give me this higher method after I first requested.
I then requested tips on how to inform which wire from the 12V adapter is constructive and which is destructive. AI mentioned it’s simpler if I exploit a barrel tip adapter. I requested the place to place the swap and the wires. AI advised me in regards to the venture field and the cable glands.
A full answer solely emerged after these rounds of questions.
Don’t Dismiss AI for Inaccuracies
Some individuals dismiss AI, saying it’s only a probability-based textual content generator, and it might’t be trusted as a result of it’s usually mistaken. Certainly, AI isn’t all the time correct. The common particular person or the common Google search consequence isn’t all the time correct both.
Wanting up verifiable information isn’t the most effective use of AI. AI is finest at providing you with the frequent data of an insider. The much less you recognize a few topic, the extra it is best to use AI, as a result of it fills your data hole shortly. You don’t want 100% accuracy when the hole is so large. A complete market index fund or a 60/40 allocation is frequent data for seasoned traders. We will debate whether or not they’re the most effective, however they make an excellent baseline for individuals unfamiliar with investing.
Are AI’s options to my electrical energy utilization, water heater, and lighting issues the most effective? Perhaps not, however I solely wanted working options, not essentially the most effective options. AI bought me there shortly.
Dismissing AI solely as a result of it’s not all the time correct is short-sighted and throwing the infant out with the bathwater.
AI for Finance, Investing, and Taxes
Many questions in finance, investing, and taxes don’t have definitive solutions. The “finest” transfer requires understanding the long run.
AI doesn’t know the most recent growth. When the 2025 Trump tax legislation was nonetheless being crafted, AI’s solutions had been usually mistaken (so had been many media studies). Once more, asking AI about verifiable information isn’t the most effective use of AI. AI does a greater job of explaining issues and making use of data to particular conditions.
I requested AI this pretty sophisticated query from the Bogleheads discussion board about Conventional versus Roth contributions for a self-employed particular person and the interaction with ACA medical health insurance. Listed here are the solutions from ChatGPT and Claude:
https://chatgpt.com/share/69b1cc1c-b69c-8004-b118-6eb8b2ea32b0
https://claude.ai/share/7f1e5c63-e00b-44f2-8f3b-e23bbfb7405c
I posted the query verbatim to AI earlier than any human answered it on the discussion board. AI couldn’t have cheated. If I charge how I might reply the query myself at 100, I might charge AI’s solutions at 90+. These had been solely AI’s preliminary solutions. The solutions will enhance with extra follow-up questions. I’m sorry to say that the primary two replies from people on the discussion board weren’t pretty much as good as AI’s solutions. The dialogue could be extra productive if people used AI’s solutions as a baseline and constructed upon them.
Subsequent time you could have a query, begin with AI. Use AI much less for verifiable information and never for the most recent growth, however extra for tips on how to apply data to your particular scenario. The much less you recognize a few topic, the extra AI will assist. It provides you an excellent baseline. Maintain asking follow-up questions. The extra you ask, the higher the solutions will probably be. Complement the nice baseline from AI with human sources when mandatory, however begin with AI.
Study the Nuts and Bolts
I put every little thing I exploit to handle my cash in a ebook. My Monetary Toolbox guides you to a transparent plan of action.
