Is AI the Next Big Threat to Our Financial System? James Rickards Explains

Release date: November 6, 2024
Duration: 31min
Guest(s): James Rickards
James Rickards

In this riveting episode of the Rich Dad Radio Show, host Robert Kiyosaki welcomes renowned author and financial expert James Rickards to discuss his latest book, 'MoneyGPT'.

The conversation delves into the crucial intersection of AI technology, financial markets, and banking systems. Rickards explains how AI can both revolutionize and destabilize our economic landscape, potentially leading to financial crises. The episode also touches on historical near-misses of nuclear conflicts and the role of AI in national security. Essential listening for those looking to stay ahead of the next big financial disruption.


Timestamps

  • 00:00 Introduction 00:34 Introducing James Rickards and Money GPT

  • 04:15 The Dangers and Potential of AI

  • 06:07 AI and Human Instincts in Financial Markets

  • 09:15 The Role of AI in Market Crashes

  • 13:28 The Importance of Understanding AI in Finance

  • 14:07 Silicon Valley Bank and the Banking System

  • 22:07 National Security and AI

  • 25:59 Bias, Censorship, and AI

  • 29:22 Conclusion and Call to Action


Disclaimer:

The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.