Santa’s New Helper: How AI Can Help You Wrap Up Your Holiday Shopping

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 27 November 2024

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Learn how AI tools can help you brainstorm personalized gift ideas, compare options, and simplify your holiday shopping. How can AI help you save time and money? Should you trust AI for gift-giving advice? Hosts Tess Vigeland and Anna Helhoski explore how artificial intelligence tools like ChatGPT can streamline holiday shopping. Joined by NerdWallet experts Amanda Barroso and Kurt Woock, they offer actionable tips for integrating AI into your shopping routine while staying cautious about its limitations. They discuss how AI can generate gift ideas tailored to your budget and preferences, provide practical starting points for decision-making, and even organize comparisons in easy-to-read formats. In addition to the AI discussion, Tess and Anna recap the latest financial headlines, including the upcoming Black Friday Amazon worker strikes, the surprising drop in Thanksgiving dinner costs this year, and a rise in existing home sales as mortgage rates decline. In their conversation, the Nerds discuss: holiday shopping, AI shopping tools, Black Friday shopping, shopping with ChatGPT, using ChatGPT for holiday gift ideas, AI gift recommendations, online shopping, Christmas shopping, holiday sales, AI-generated gift ideas, personalized gift ideas, AI holiday planning, smart shopping with AI, time-saving holiday tips, and AI-driven gift ideas. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to NerdWallet's Smart Money Podcast. I'm Tess Vigland in for Sean Piles.
0:11.3	And I'm Anna Hilhouski. And this is our weekly Money News Roundup, where we break down the latest in the world of finance to help you be smarter with your money.
0:18.8	We'll go deep into a single topic, then leave you with
0:21.6	the latest money headlines. And today, we're talking about AI. And shopping. And AI. I think you and I
0:28.8	can maybe just sleep for the rest of today's episode and, you know, let the robot overlords take over.
0:34.1	Yeah, I have a better idea. Let's bring on some nerds to talk about how we can use AI to
0:38.8	help us with our holiday shopping. Oh yeah, I like that. That's much better. So for today's
0:43.9	very special pre-Black Friday episode, we welcome not one, but two fellow nerds to the microphone.
0:49.9	Amanda Barroso covers consumer credit for us here at NerdWallet, and Kurt Wook covers mortgages,
0:54.9	but more to the point is NerdWallet's ChatGPT Experimenter in Chief. Hey there to both of you.
1:01.8	Hey, Tess. Hi. So have either or both of you been just waiting for Black Friday to do your
1:08.8	holiday shopping, or are you maybe done already with the help
1:12.0	of artificial intelligence? I still have a few things to get, but I mostly know what those things
1:17.0	are going to be at this point. I'm also one of those weirdos who starts making gift lists like at the
1:21.9	end of summer and starts buying gifts really slowly over the next few months. But, you know, things do ramp up
1:27.4	for me during Black Friday. And there know, things do ramp up for me
1:27.8	during Black Friday, and there are some things on my list for sure. Waiting for the sales.
1:32.3	Yes, ma'am. Okay. Well, Amanda, why don't you start us off here? Why are we talking about AI?
1:38.4	Many of us are tight on time during the holiday season. I don't know about you guys, but I have like
1:42.7	a million lists running in my
1:44.2	head of things I have to do, including finding the right gifts for all the people in my life. So
1:50.1	this is where I was thinking AI could come in. What if you could use this new technology to input
	...

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