My New Favorite AI Tool
I found a new free AI tool called NotebookLM this week (a Google offering) and I am so impressed with it.
Okay, that’s a massive understatement: I am obsessed with it and think the tech is incredible.
Why should you care?
The killer feature is the “Audio Overview.” It takes whatever source document you upload (pdf, .txt, audio file, etc.) and summarizes it into a ~10-minute podcast, with two AI hosts.
I know podcasting, and this is entirely convincing as real dialogue and is genuinely entertaining. It’s probably better than 90% of podcasts already, and this is in its infancy.
Episode 100 example: If you want to listen to a great example, here’s the 12-minute NotebookLM podcast version of our ChooseFI Episode 100.
(You can even adjust the playback speed so it is more like listening to a podcast at 1.5x-2x speed.)
Think of this: Any document you have (book, presentation, transcript of anything, etc.) can be uploaded and then quickly summarized in that Audio Overview or the five other built-in summary options:
- FAQ
- Study Guide
- Table of Contents
- Timeline
- Briefing Doc
I don’t plan on using AI technology in my newsletter again after today, but I’m going to use some aspects of this tool to help with the next two sections because it is just too much fun.
[And for the avoidance of doubt for the few cynical people out there: No, obviously Google didn’t pay me to include this section! I never take paid advertising for this newsletter, so you never have to worry about that. I talk about things that interest and excite me and value my integrity above all.]
3 Money Metrics for Financial Freedom
Katie Gatti Tassin is one of my favorite people in the FI world and when she asked me to join her on an episode of the ‘Money with Katie’ show to talk about “The Only 3 Money Metrics You Need to Know for Financial Freedom,” I jumped at the chance.
Katie came up with her 3 essential money metrics and we also chatted through 4 ‘honorable mention’ items.
After reading the below list of metrics Katie came up with for the episode, I’m curious: what metric(s) do you think we missed that are truly essential for FI?
Top 3 Money Metrics per Katie:
- What is my long-term savings rate?
- What does my life really cost?
- What percentage of my income am I spending on things that make me happy?
Honorable Mentions:
- What is my credit score?
- What is my asset allocation?
- What fees am I paying on my investments?
- What is my FI number?