AI Use & Limitations
In plain English
- Everwise uses automated analysis to create insights, summaries, recommendations, projections and explanations. More advanced AI models may be added over time.
- Automated and AI output can be wrong, incomplete or outdated, and it's only as good as the data available.
- Review important actions yourself. Everwise asks for confirmation before high-impact actions.
- Everwise isn't a substitute for a licensed professional when you need one.
Full legal terms
How it works today
Today, Everwise's insights, plans and Ask Everwise answers are generated by automated analysis that runs on your data (from connected banks, or demo data) inside Everwise. Your questions to Ask Everwise are not sent to an outside AI provider and aren't saved after you leave the conversation.
If we add AI models from outside providers, we'll update this page and our Privacy Policy first to explain what data they receive and how it's protected.
What Everwise uses automation and AI for
- Insights, like spotting unused subscriptions or rising spending.
- Summaries of your accounts, bills and progress.
- Recommendations, like which debt to pay first.
- Projections, like debt-free dates and savings milestones.
- Explanations of why Everwise suggests something.
Limitations
- Output can contain mistakes or be incomplete or inaccurate.
- Recommendations depend on the data available. Missing or outdated information leads to weaker suggestions.
- Projections rely on assumptions that may not hold.
- Everwise doesn't know everything about your situation, goals or obligations.
You stay in control
Review important recommendations before acting on them. Everwise is designed so that high-impact actions require your confirmation, and Autopilot operates within the control level and safety rules you choose. You can turn personalized recommendations off in Settings → Privacy.
Not professional advice
Everwise's automated and AI output isn't a substitute for advice from a licensed professional, such as an attorney, tax professional or registered investment adviser, where such advice is required or appropriate.