Don’t use Artificial Intelligence for taxes – or share any personal info, says expert

As tax deadlines approach, some people may lean on AI for help, but this could lead to oversharing personal information.
Concerns arise with open-source AI like Chat GPT and Gemini where once personal information is shared, it becomes publicly accessible.
Christopher Caen from Mill Pond Research highlights how AI models are designed to be helpful, leading people to lower their guard and share more than they intend.
AI has the potential to inadvertently make businesses vulnerable if initial intents lead to unexpected objectives.
The information shared with AI can be repackaged and resold, posing new risks for information security.
AI is powerful for information retrieval and productivity boosts but can become problematic if people mistakenly share sensitive data.
There’s caution against entering sensitive credentials or personal information into AI due to the risk of it becoming public.
Best practice: Do not share with AI something that you wouldn’t feel comfortable sharing in an email with your boss.

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