While topics surrounding NVIDIA, Open AI, Microsoft and more swirl – my friend, legendary market strategist and New York Times best-selling author, Jim Rickards joins us to break down the real story behind AI. In his incredible new book MoneyGPT: AI and the Threat to the Global Economy, my former colleague takes on a nuanced focusing on AI itself. Rickards delivers a telling prediction about how AI can endanger global economic markets and security.
In our discussion above, you’ll discover:
What risks AI poses for capital markets, banking and national security
Why Jim’s highlighted something called “the fallacy of composition” concept and how it relates to AI and the future of the financial markets
The hidden story behind the collapse of Silicon Valley bank and the real role that AI played in the financial turmoil (and the plan G20 finance leaders put in place years before)
As the world of finance continues to evolve, and AI evolves with it, we’ll continue to monitor this trend. For now, we could not recommend this book enough. I’ve personally read every page. The book offers a sobering reality of what AI will mean to the financial systems and global financial markets. It also provides concrete ways to circumvent its risks. You can order it here.
For Prinsights Premium readers, please stay tuned later this week as we’ll be exploring an emerging economic powerhouse and a fintech company there that’s revolutionizing how the financial system could operate around the world. This month’s Premium monthly issue is filled with research and analysis you will want to see. To unlock Prinsights Premium, get the full archive and have the issue sent to you this week – click here now to subscribe.
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