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Comment by paganel | Hacker News Reader

> The more robotic your message sound, the more people are compelled to comply.

Thankfully that is not the case where I live (somewhere in Europe), but I can see what you describe becoming true in a very dystopic future.

Does that AI also handle situations like “boss, would you be so kind to borrow me some money for 2, 3 days? Until the salary comes, that is, cause me and my SO are totally out of it”? Cause some of my former bosses/managers certainly did.

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While I was still working there, a vendor had approached us with a service that allow employees to get a pay advance. No fees if it's 2 to 3 days ahead. I can't for the life of me remember their name. But it's basically a debit card you get where your estimated pay is deposited earlier. And they have an api we can integrate with.

So to answer your question, yes it sure can.

I can imagine it can be a fintech opportunity. An AI that automatically performs a credit check behind the scene and lend you the money in advance, probably money in your account in seconds. It's not too hard actually.

Why the hell would you perform a credit check if someone who works for you needs some of their salary two days early? Would you stop paying their salary if the credit check came back negative? Of course that seems like exactly the pointless and counterproductive behavior one would expect from a badly designed automated system.

> .. the pointless and counterproductive behavior one would expect from a badly designed automated system.

Badly designed automated systems are the life blood of our economy.

This is different from a pay day loan how exactly? I have bank app on my phone which claims that I can get an up to 35k loan in minutes

You’re describing an interest bearing loan. This is more like being able to withdraw money that you already earned, you just don’t have it because it’s not the 25th of the month yet.

Floatpays in the latest YC batch is one of these.

There are several providers which offers salary linked loans and advances already, and one of the benefits is that when it's an advance on your salary there's no need to credit check the employee because it's the company which will pay it back when your salary is due.

I can imagine something a lot simpler: ask employees the cadence at which they want to be paid out (daily, weekly, bimonthly, monthly) as allowed by law and pay them that way.

Yes, more bank transactions will cost the business more. That might be something the employee will have to pay for, or it might be something that governments require businesses to eat the cost on.

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