Insurance underwriters may make societal buy-in easier when rates are vastly different but that may take quite a while to hit critical mass so both drivers are self driven
They will be incentivized to compete with open models whether those open models comes from China, Google or, likely in the future, the U.S. Government.
Having a similar experience. Watching a muggle try to build a website with basic functionality, e.g. auth, database, etc. is an enlightening experience. They simply do not have the vocabulary to guide the LLM. My good friend calls me every night frustrated with his results, and when I watch what he is doing it's amazing what we take for granted being in the software industry. Don't get me started on the UX, that's even more mind boggling.
This. All of this is a solved problem. It's just not a thing that most families do and do regularly. Code word, insider info, etc. "Oh I am so sorry you got arrested Tommy. Before I wire the $, where did we go on vacation last year?'
The trickest part of this, and maybe you have solved this is procuring phone numbers for clients. Twilio has put up a TON of friction on getting SMS numbers. I know this because we are doing this on behalf of some very large institutions. Love the idea though!