Building an Interactive Investment Calculator with AI – No Coding Skills Needed!
Introduction: In today's rapidly evolving world, Artificial Intelligence (AI) is empowering non-coders to build sophisticated tools with ease. Large Language Models (LLMs) such as ChatGPT, LLAMA, and FinBert are leading the charge, enabling users to create interactive applications like calculators without any technical knowledge. In this blog, I’ll walk you through how I built an Investment Calculator using just AI and how LLMs handle all the complexity behind the scenes.
Why LLMs Like ChatGPT Are a Game Changer: Traditionally, building an interactive tool like a financial calculator required programming skills in HTML, JavaScript, or other languages. But now, LLMs can handle all of that for you, turning plain language instructions into working code. LLMs not only understand the functionality you want to achieve but also ensure that critical aspects like user experience, design elements, and logic are taken care of automatically. Here's how this process works:
Example: Building My Investment Calculator Let’s dive into the example. I asked an LLM to generate the code for an interactive Investment Calculator with sliders for:
I didn’t need to know how to code. The LLM provided a fully functional HTML calculator by simply following the instructions I gave it. It also handled recalculations, reset functionality, and even created a beautiful stacked bar chart to visualize the results.
Here’s a snippet of how easy the instructions were:
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One-time deposit (slider & small text box, range: ₹0 - ₹1,00,000, steps: ₹1,000)
Monthly deposit (slider & small text box, range: ₹0 - ₹10,000, steps: ₹250)
Investment period (slider & small text box, range: 1-50 years, steps: 1 year)
Return rate in % (slider & small text box, range: 1-20%, steps: 1%)
The following are the instructions I provided and the output from the ChatGPT.
From this, the LLM automatically created a user-friendly calculator that I could embed into a html page. Imagine how long it would have taken without LLMs!
Conclusion: The future of development is here, and it’s powered by AI. LLMs like ChatGPT, LLAMA, and FinBert take care of the complex and technical aspects of building tools, enabling anyone, regardless of their coding background, to create sophisticated applications. This Investment Calculator is just one example of how LLMs are democratizing development for everyone.
If you’ve ever thought about building tools but felt limited by your coding knowledge, now is the time to leverage the power of LLMs. Let’s build the future together!
Call to Action: Want to try this yourself? Get started with an LLM like ChatGPT and see how easy it is to build your own custom tools. The possibilities are endless!
Pursuing Ph.D from NMIMS, Mumbai || Assistant Professor at School of Business and Law, Navrachana University, Vadodara || UGC NET (Management) Qualified
2moThis is very interesting !!! It will be an interesting research to look into the impact on the overall liquidity in the market considering all the free AI resources available.
Bloomberg Product Oversight | Financial Data & FinTech Professional
2moThat's awesome Bala you should do tutorials on AI 👏🏻👏🏻🔥
Fractional CMO, Business Strategist, Sales Professional
2moLovely piece...This reiterates that People won't lose jobs to AI... people who lose out on using AI may lose out
Jr. Equity Sales Trader @ Kotak Institutional Equities | MBA-Finance | CFA L2 Cleared (+90%tile both levels)
2moGreat content Balakrishnan Ilango, CQF 👌🏻💯