In this riveting episode, renowned economist Jim Rickards joins Jason to discuss the potential dangers artificial intelligence poses to the global economy and national security. Rickards shares historical examples of how primitive AI systems nearly triggered nuclear war and explains the "fallacy of composition" that could cause AI-driven financial markets to collapse. He also exposes the hidden biases and flaws in AI systems and offers practical solutions for mitigating AI risks, both in the financial sector and in our daily lives. Tune in for an eye-opening conversation that will change the way you think about AI and its impact on our world.
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🎙️Guest’s Bio
Jim Rickards is a renowned economist, lawyer, and author who has written extensively on the global economy and financial markets. He has been a frequent guest on financial news networks and has lectured at renowned universities such as Johns Hopkins, Georgetown, and Northwestern. Rickards has advised the U.S. Department of Defense and intelligence community on national security matters. His latest book, "Money GPT", examines the potential dangers artificial intelligence poses to the economy and society at large. With decades of experience in banking, investment, and geopolitics, Rickards offers a unique and insightful perspective on the intersection of technology and finance.
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👂Listen out for:
- AI can escalate conflicts and lacks the intuition to de-escalate
- AI trading could cause market collapse through "fallacy of composition"
- AI systems can have hidden biases and generate flawed outputs
- Cybernetic principles offer potential solutions to mitigate AI risks
- Diversifying into non-digital assets can protect against AI-driven economic fallout
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🎁Bonus:
MoneyGPT: AI and the Threat to the Global Economy
https://a.co/d/4u94t0K
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*Selling with Love Podcast was previously known as Superhumans at Work by Mindvalley.
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