Intelligent Fin.tech Issue 20 | Page 17

GAUGING THE MARKET

CAN AI REVOLUTIONISE THE UK ’ S DATING SCENE BY MATCHING FINANCIAL COMPATIBILITY ?

“ The union of Artificial Intelligence and financial compatibility could mold a revolutionary model for the future of dating in the UK ,” said Jason Adler , Software Engineer at Repocket . Does this sound like a futuristic prediction ? Not entirely . This innovative approach is already taking shape , poised to redefine the landscape of dating and relationships within the digital realm .

In 2023 , over 381 million people worldwide were using online dating services to find love . By 2028 , this number is expected to rise to around 452 million .

Ofcom , the authority that oversees communication in the UK , has released its yearly Online Nation report for 2023 . The report delves into how people in the UK use dating apps and websites , revealing that one out of every 10 British adults who use the Internet tried a dating service in May of that year .
Artificial Intelligence , or AI ’ s data-driven approach , redefines how matches are made in the dating world . Rather than cursory interests and hobbies , AI delves deeper into personality attributes , lifestyle preferences and behavioural patterns . This analytic technique results in more authentic and compatible relations .
The inclusion of financial compatibility is the latest development in the AI dating sphere . Adler highlights the significance of this factor : “ Your financial habits reflect your values and lifestyle . Fusing this aspect into the AI algorithm would set the groundwork for healthy , harmonious relationships .”
So , what does this imply for dating aficionados ? The future envisages a more robust , comprehensive matching system integrating financial habits alongside personal attributes . The construct would look something like this :
• Personality patterns : AI would scrutinise your responses , deriving your core personality traits
• Behavioral aspects : Your online behaviour , communication style and decision-making processes will be analysed
• Lifestyle preferences : The AI algorithm would identify your preferred lifestyle , ranging from travel habits to dietary preferences
• Financial habits : It would fact-check your financial habits , looking at spending patterns and saving habits www . intelligentfin . tech
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