about one, take the logical danger, the good end, not only the livelihoods of most on the planet, but life on the earth itself. jim regards his back to give us a warning details in his new book, money g, b, i, and the threats to the global economy. he's the best sending economics to all of our former pentagon and us intelligence adviser and current editor of the financial newsletter strategic intelligence. he's going to be again from albany in new york. jim, thanks so much for coming back on. we seeing the horror of hey, i own wolf areas, millions are threatened by it's in this region by the u. k. u. s. u on the weapons . so what is money? g p t, in the title of your book, outlining a threat to perhaps bigger than the threats we single year and ukraine and goes yes, actually that says exactly right. we're in the finance around the idea of a chapter on actually nuclear. we're finding but the point is, you know, a, i artificial intelligence of course, to be john or to pre drange. transformers should be to use just as subset of

a i is the part of that is called the tension. lately, you can give it a prompt, it'll, it'll write it, i say, i'll write a book by the way, i should issue a disclaim. i actually wrote this book. it was not written by a computer. uh, by the, by computers can do that in a lot of college kids are using it for term papers and so forth. so it's quite a lot of good, especially with just a subset of, of a i and the, the, the book is not bash a i saw that they are dashing exercise. theirs is very powerful. there's a lot of good that will come out of it just in the pharmaceutical space. um, you know that the, the biochemist, okay. no regular combination. so it could treat or sure certain diseases, but there are billions of them and a lot of smart people in the room, a lot of equipment could only come up with so many. but our official intelligence applications can do far more far faster. and actually they've produced some combinations that look interesting. so some good is coming out of it already. and i, i talked about that just very briefly, but that's not what the books about in the book i stick to my lanes, so to speak,

which are a capital mark is banking and national security. so i look at a, i is applied to those 3 areas and make the point. there's nothing new about a i, it's been around as science has been around since the 1950s, as logic has been around since aristotle. i'm in a nurse or cecilia soldiers. i'm is just loop looks like a couple lines of a computer code as a matter of fact. so um, you know, mary shelley's frank and sign that was the frankenstein's creature was arguably in the early ninety's center. so. so it's been around, but what's new is that the processing power is much, much faster because in video and others and a and telling others, this is a, some of the cartridge ships are orders of magnitude faster than what's come before you need a lot of electrical power as an issue, but even bill gays, to reopen nuclear power plants are 3 mile island, so they can have enough electricity for all the computing power. but the 3rd thing,

and probably the most important is what's called the training set. so these are, these are learning models, these, these are models that are capable of learning facts and making connections on their own without the developer having to, you know, download the information or create the code. but what are they going actually, jim quick detour from a human into. i'm a get into the work, isn't that you explain in those language models that they use? i'm sure i have a whole chapter on that on biased censorship and concern relation to where it can tabulations just a fancy word for lying, but it's a kind of line where you don't even know your line because you don't, you don't know what you're saying. but uh, but that's part of it as well, and make the point that, um, the, show your training on materials. okay, what are the materials? we'll see internet basically, you can buy the entire internet as a bb pages, or however many a lot of developers don't need that much. they buy out, however many terabytes they need. but when they, but the computer is

a going through that they're looking for words that associated with other words, explaining what to call clusters or clouds. and then when it produces speech or writing, we're just output it. it, it can, it's kind of speaking or any language really, but it can speak, you know, in my case, english pretty grammatically or some of the output it's, it's not bad. but the problem is a kemp think there's nothing intelligent about artificial intelligence is on that. one of the problems we make is we have to have more flies that we because it can talk and have a pleasant voice like siri or. alexa, we, we think it's our friend, it's not our friend is just, is just a bunch about. but having said that, recently google unveiled their g p t app. it was called gemini, and one of the users, uh, early user put in a what's called a prompt, which is a question. and it says, please give me an image of a pope. and the computer came back with 3 images of women and paypal vestments and

astronomy. and then another user said, please give me an image of a viking and it came back with an african biking. well, i happened to be catholic and i happen to know that there have been 266 pups in 2000 years and they were on that. now whether you think that's a good thing or bad thing, we can take that to the bar, but it's a fact that we've had 266 male pups, no female pups. if you've been to scandinavia there for cans and blonde, there are, there were no african vikings in the year 1000 a day. so it was. so people say, well it's malfunctioning, it's producing, you know, kind of garbage out, but they need to go back and fix it. and even the circuit brand came out. so yeah, we kind of blew that one. that's not true. it actually function exactly as waves designed, and that's the point. there was no bug, you know, buried in, in the layers of the model. it had a feature called prompt injection. what's prompt injection, will you give it

a prompt? and instead of giving you a straight answer to a straight question, it will embellish the question to meet some politically correct will work goals. so for example, you say give me an image of a pope and the computer reads it as, give me an image of a pope in a world where there is no sexual discrimination everyone's treated equally well. if, if that's the question you're going to get some female tops, but there was a question. uh, same thing with the viking. you know, obviously give me a biking. it'll say give me a biking and a world where, you know, all races come together come. they said, well, you might get a black liking, but the point is, it's not it's, it's functioning perfectly, but it's not responding to your question. it's responding to an embellish question that incorporates, woke up activism. uh, you know, cetera. i mean, those are humorous examples. those are humorous examples, but i mean, in scholarly research, this is catastrophic. for that, i use a, in the book about the ukraine essay, which you quickly, i then defied is probably

a result of judge cvt in foreign policy magazine the, the catastrophically poor journal that the c i a and diplomatic walks uh wants to quote from right. well, well, you're right, i mean the examples are very successful, but they're the real examples for sure apply to anything applied. and i make that point. so who are the gatekeepers on g p to who are they? who are the gatekeepers controlling the output? you or i or anyone else or any serious atlas we get using gp. what all we know, what is this is open. i was just hamilton as a private company, but it's microsoft now that which is facebook alphabet, which is google, apple, and just a few others of fire sticks gatekeepers. now, what's their track record and coming up with the truth. well, they, a lot of are covered the, a lot of the about nass, which don't work. they lied about the vaccines, but you're not vaccines expand that experimental of g modification therapy says also don't work that

a lot about the war and ukraine. of many americans still think we're winning, we're, i mean, well, she's winning decisively and the nato back to kind of forces are losing a reference later at 500000 to the average americans. typical americans don't know that because our media lies about it, including google search results and a lot of our climate change. so you had people, organizations start with a google, but the other ones i mentioned who have been lying to you for 5 years or longer about climate change of war and ukraine, depending demik and, and, and a lot of the house. but all of a sudden we're supposed to believe them and g, b, t. so my point is they belong to us all along the gate keepers on g b t. i would be extremely wary of taking anything there comes out to a place value and then just add to that. if you happen to be a subject matter expert, you can probably spot the fall. so it does like this. but there was an example where you kind of turn to that, the 2nd you can probably see the spot, the faucet, but if you have to be a subject matter expert to spot the fallacies,

then what good is it in the 1st place. but the real danger of the people who are not subject matter experts who are relying on it for good information to being propagandized propagandized by the output. and that's just then one of many flaws and problems with the system that i do. i point to the example you're on ukraine to that, that you referred to. it was foreign policy magazine and they did kind of experiment . they created 2 essays, you know, fairly short, 900 words on the origins of the warren ukraine. one was generated by a computer attribute to the other one was done by a bright high school student who was somewhat knowledgeable and they were publish side by side anonymously. and as a reader, you were supposed to look at them and see if you can pick the robot. i took it in one set like one sentence, and that's the robot. and then i read the rest of it, read the other ones that as a student and i was right, but nothing was easier because it started with cliches one after the other. and you

know, i'm a rider. i mean, you don't likely share as i used them occasionally, because a few of them come in handy, but it was cliche written, but that's how a computer i long use the word thing. so sorry, computer process russian aggress looking at things like that. yeah. was it was, well, exactly, i was looking at a 1000 articles on ukraine and to see certain felicia is over and over. it assumes that that's how you write a, so i have good writers, right? but that's how it computer might, right. so it was very easy to spot, but so the way to to problem is number one. why said 1st, what was easy to spot the robot for the reason i mention, but neither the robot nor the student got it right because they completely ignored the 2014 crude. i taught the 2008 declaration. you know, 2008 george bush said george and ukraine should join nato, 6 months later putting, invaded georgia. okay, so were you not paying attention? did you not understand that you had crushed the red line? you are threatening versus national interest and then 2014,

the c i a and then my sex reineke, who deposed a duly elected leader. okay. maybe wasn't the most honest and popular guy, but he did when an election. and then 2 months after that, putting together a crime yet. so i was what, what part of the red line do not understand, but they kept going and they kept going. and that was not mentioned in this as a really started with a special military operation in 2022. so a, the work was deficient by the human and the robot because it didn't really get to the rules. and the, the role that was easy to spot because it wasn't a very good writers. so it's hard to tell though, i don't know whether you know, your child cvt because it's giving southwell to assess here, autonomy know and meeting georgia. know, but this is the point we can argue about different points, but if the eye is giving this information as a truth and gospel based on lies, then the whole world is run on life. sorry to interrupt. i know we have to get through so much. you did mention open

a i which i did it with to be called close day. i have i multiply by you present. we are a huge the relieved of a trump big tree. then as regards the law must influence the helium us cuz pointed to the dangers of this. hey, i technology before we get to the themes in your book. i mean, you're going to tell me with these written read your book. i don't know if the lawn is where i don't know if the jump is rather, but i do know i'm in touch with, you know, people in the transition team and uh yeah, it's, uh, it's chris, some interest i will say a few things are more of nauseous and putting yourself on the back, but i my newsletter the week before the election. we said donald trump jump in the past. we're going to, when we said donald trump is going to get $312.00, a lot of those, including michigan, $54.00 sentences and $224.00 house seats. the actual result was $312.00 electro about so we, we now that you have started landing $53.00 sentences. so okay, off by one and looks like $222.00 houses off by 2. i look forward to 35. so is

literally the best prediction in the world, you know, people like, uh, uh, uh, yeah, rene silver and the new york times and the others were saying too close to call the economists said the counselor's going away and you know, etc. so you have to deal with all of that, but we got to exactly where, but that's because we're using a better models, you know, so i'll get more i q points rated to be a better models, you're going to get better results. so, um, yeah is, is a, but is a great outcome for the united states and my view um, the champ, we just got to go to a break though. we're good, that's what i'm using. where is the help to generate guides of stuff to you? the more from the phone i've had to get advisor best selling all their money, g, b i and the threat to the global economy after the spring, the hello and welcome to the cross stuff full born here we discussed some real in the

during the 2nd will pull underground power military organizations in poland, occupied by german troops, as well as in the bordering regions of bella, ros were united into the so called home on a trip to the, to the political center to order uh, ordered the plus. let's just say it's because i use a blue screen list. and if i put in the front of it is, i think it's the shift of an employer through this issue of shy stick of the who mom a was the main organization that the poet issue was system, the switching against gym and occupational and soviet rule. so anything in the army currently away? 1920 the level. she's voice up. really? a voice still exciting. and so he's going to put those on anything. yes. in this instance, that's what it is. the home on a countdown operation was to destroy the nazis. but then switch to settling schools with soviet partisans and the civilian population that supported them from having everybody to automate car you over to destroy your hospice and me today. well,

i've been in the data for that for my goal is to have your product is on a new post that has to be a liberal in agreement or just the booklet is devali. 16. those up, let me know 40 points the when you go to your village connections deal when you have no need. so for us, as jim sydney, we generally look for use imaging to cheat anymore. the, the welcome back to going underground of celia with the pentagon advisor best selling all the money gti and the threat to the global economy. jim reco, it's jim you were talking to me about how your modeling showed who was going to win . this is presidential elections better than anyone else on earth. i do want to get onto them again. i keep interrupting, is there so many themes in there? while i can, i've got to go to have mentioned the nuclear threats. you're a big fan of. charles sound is p s,

and the russian lieutenant colonel status of petroff. uh yes. what do you did? and i gave you 3. just explain those 2 names and as significant in the book into a lives. i'm sure i still have a few chapters on the capital markets and market crash and banking panic. and we talked about the bias, but i have a chapter on uh, national security, but specifically about nuclear were fighting. now i started studying if we were fighting in 1969 and that was based on the works of scholars mostly done in uh uh, in 19590 in 96 is it was a albert and roberta was stellar. oh, that's uh henry kissinger. but maybe the biggest brain was herman tongue. and herman con, no basically said, here's here's on typically where is it gonna start? nobody's going to wake up on a sunny day. so nice day think i'll fire off nuclear weapon he developed what he called the escrow troy allowed. it was actually $54.00 step ladder and you said

what happens is to antagonize one's or something. provocative the other one response, you know, in a more aggressive way, the 1st party you know, raises the and you keep going, getting more more um, you know, violent or, or confrontational. and you don't realize that you are climbing the escrow toilet or you are climbing it ladder towards noon. so you're not elation by the way. there were 2 dynamics in the world today, right now that are following the pattern that herman con, outlined in the early ninety's. sixty's one is ukraine. so again, without revisiting the whole history, you know us as sponsors occurring 2014, put and takes crimea. we get weapons to ukraine putting into is that done, boss? we start sending bradley fighting vehicles and abrams tanks and attack dismissals and patriot missile batteries and where she comes back with them. can you on there? so cypress sonics drones and a lot more. again, if you can debate to where we can take that to the bar. but my point is that there's an escal joyce hasn't though there's no question about the same thing in

the middle east. again, starting with the, with the massacre on october 7th, 2023 israel and those guys, a pest go outside missiles, israel taxes belong around. and israel start shooting at each other, the hudy's clothes, the red sea. and the, as soon as you know, again, take aside our, gives you a politics of it, but there's no question that you're on an escal jory path. and there are nuclear powers all around us, russia, israel and nuclear nuclear power around so far away. and so you're on exactly the dynamic that con, describe what all this cons. device concept by said. first, 3 steps. first step. recognize that you on the ladder. don't engage wishful thinking. don't pretend otherwise. you are on that. let's go to a letter and have a to take a b stock. number 3, climb back down the escalate, find a way and back down that louder, so you don't get too close to nuclear annihilation. and of course, the cuban missile crisis was a power dynamic case. now,

between today when we're on the louder and 9062, when we climb down, there were 2 cases in the 1980s. one in particular, um the russia actually had, i will show you and you have the time. but basically why should they had 2 forms of primitive a i that we using ai at the time and it has system coding ogo. and it was designed to detect incoming us ballistic missiles. and one day it is 1983 a day. and actually gave a launch signal is cuz the, the worst are these treasures launch on warning when the other side shooting it, you don't wait until the missiles land launch your missiles right away. so they're not destroyed on the ground. that's called launch on wandering. so let's give a lost signal now. lieutenant comstock petroff was so the signal and his orders were to call his superiors moving up the chain in other words. and that could very well have resulted in the soviet union firing. this was of us, but he had worked on the system. he knew it had flaws,

and he saw that there were 5 muscles coming in. and he said yourself, well, if the us were attacking the soviet union or russia, they wouldn't send 5 missiles, they would send 200 missiles. so it must be a mistake or false. alarm turned out. it was, it was the sun hitting the clouds on the certain way and reflecting in the radar and triggering of false alarm. but he disobeyed orders. he does not cause seniors the wages out that his life and his country that he was correct and he was and later became known as the man and save the world. another case, so just be brief. there was a us, i need a war game going on at a time when the cage u. b. had concluded that if the us got sufficiently far ahead of russia, they knew that were habit just that gap wide and the r saturday, you know, economic military said her superior already to a certain degree. they would be very likely to fire the basically doing if we were attacked while the were getting that native was conducting was a nuclear attack. it was a game that was what they were simulating. and the case you be saw that they

completed was a front or sham for an actual nuclear attack. they were getting their bombers read either missile silos prepared. and then it was a lieutenant general uh uh, the troops in the us army who saw this and de escalate here. the word game to take, you know, take a pause and, and stop further action. the caves you be picked up on it and they, the escalated and that was that. so the point is we had 2 near nuclear wars and the 19 is why didn't we go to new blue weren't low current, we'll try to kind of touch off the pen. lieutenant general uh, fluids. i relied on uh, guidance. they relied on their got the right tuition commonsense. they disobeyed orders, they were so countries that they felt it was the right thing and they were right. but my point is a, i cannot do that. that's called add. dr. blodgett again we, we, we've had inductive logic, you know,

since david schuman deductive logic since aristotle. but there's a 3rd branch discovered or create a just identified by a charles sanders pearson, the 19 or person, the 19 sent traits called abductive logic. and is, i don't want to digress some of the whole essay on that as a big subject. who is a potter semiotics which is the basis of philosophy today. but what it, if you want to put it in plain english, is commonsense. it's go ahead and change this intuition. so things that make you like, i mean, you much, if you sorry to interrupt me, you mentioned the economic superiority. and of course, this is a, this is a big part of, of this book. i mean, clearly the i there when it comes to of being in the military is not safe as clear from the inductive reasoning that's required. but uh, if the economy is still working by the time this interview is broadcast, because if you read your book, it could happen at any moment. at the way flash crashes happen mean that everyone's

livelihoods can be destroyed at a stroke if that, and reforms that you recommended. the book on not made that. that's correct. and the point i make is that it happens. there's something called flash war. so i talked to the cuban missile crisis played out every 3 weeks. the 2 issues identified in the, in the 19 news played out the matter of a day or one case a few weeks. but with, with a i in the nuclear kill chain on both sides. you could climb that ladder in minutes and back to legion. if we were in i elation. so my vice a pretty simple keep a i will be killed trying do you want to have it off to the side or some kind of alice or something? fine. maybe be a, be careful with it, but do not put it in the decision making process or you will get those kind of results. and just how does these flash crashes work right now using a i, they using a i right now. right. well, um, you know, you had a, uh, you had a football game and you don't have

a very good deal because the person front of you is too tall or wearing a big hat or whatever. so you say why have a solution or stand up and you stand up and yeah, i can see everything is great. but what happens next? well, the person behind you stands up, and the person behind her stands up. and before long the entire stadium is on their feet and nobody's better off cuz relatively speaking, you're the same. and everybody's worse off because your, your stand that you're not sitting comfortably. that's called the fallacy of composition. and the idea is something that works for an individual as a good individual strategy. when you stood up, you could see better is catastrophic at scale. now let's take that over there, capital markets, and how does that work? so you have a market crash again, not uncommon. we saw it in march 2020 market for 30 percent and 30 days. and so what did people do? they watch it for a couple of days. i like, you know, i don't wanna lose money on that. they sell everything, go to cash flow, just sidelines. wait until the market is fine and then they can tip to it back in and catch the next wave up. that is a very good individual strategy. that's not

a bad thing for person to do. but what happens when everybody doesn't you very quickly have all sellers know buyers, you blow to the circuit breakers, you go through the floor and the market is actually have to be closed. it's not even a matter of time out. you actually have to close the markets and the point is that that's an aspect of human behavior. it's why circuit breakers so called word vent or is installed after the 1987 flash crash. but with a i, everything i just describes happens again faster, is accelerates, and it amplifies what would be human nature. so truly the combinations, human nature combine with excel around of a i that makes all this up and much faster then regulators realize and the result is that again, you can be wiped out the effect your, your, your exchange traded equity that you think up is liquid turns into private equity, you're still on it, but you can't trade it and you can't get cash. and then no regulations. so you recommend some kind of traveling all of the markets and other elements that i've

just got to because we're running out of time, just ask you what your advice is. usually some i've seen your advice is a diverse vacation as being a bit. but now the had to you believe that we live in very precarious economic times in lake capitalism and but why do advisors occasion as well, among academics and their additions. it's a well understood strategy for those, for those rich enough to be able to that. but as i should say, for view as well, living paycheck to pay, you know, i, i want, i want to, i was with the tax driver in las vegas and we got, we got on the subject to go, i think it was, i was there to give a speech on gold. uh she said, what can i do? and i said, well, if you can buy one, go calling. you know, at the time it was about $1200.00. i said, buy one gold coins, but it is a place and that, that, that well to be preserved. so yes, the problem with diverse vacation i, you recommended people go on diversified. i own 50 stocks and 10 sector semi conductors mining can silver, non doorbells, et cetera. and i say no, you're not, you may on 50 stars, but you're in one s a class which is stats. and they're all going to get out to get

a real diversification means. and by the way, with specific reference to a i non digital assets, i'm not talking about crypto currencies, stocks, bonds, commodities are all traded on digital ledgers. but things like gold, silver, land, fine art, natural resources. and if you like private equity and venture capital where you don't expect liquidity or you're in it for 5 to 7 years. so having that and a lot of cash, i mean that there's some significant, besides your portfolio, 30 percent, or maybe more. if these flash crash has happened and they will, i mean it's just a matter of time. the rest of your portfolio will be preserved and your wealth will be preserved. gym regards. thank you. thank you. and that's it for the final show of this. the money gti and the threats to the global economy is that now continued condolences to those suffering in the holy land as christmas at the hands of u. k. us, you um, genocide will be back on saturday. the 18th of january for

a brand new season, until then we'll be hearing your favorite episodes of the season every saturday monday. remember, you can still keep in touch by all social media, if it's on sense in your country and i do i channel going underground tv on rumble dot com to let you know that besides going underground with you very soon and have a happy new year, the the, the relations between television,

they are real tough shop. the deteriorated since the latest round of the palestinian israeli conflict. forgotten in october 2023. according to the evidence, ministry of health is way the strikes of killed at least 1600 people in the last year and more than 8500 has been injured at all. you can come in and become that highly. i'm just a little mission with it many years. i love by the bundle, the phone with by the on the old. all the love of the, the man i'll settle with all the to solve the with the same is so you get us one is indic. john l. a in a shotwell lane and walk through the young man. uh no hudson it because it said some nice and in the thought of given the how to move the sod. my feet. i said on my feet, 5 shooting the visuals, had

a big deal to come in as soon as if they just said on, send me the welcome, good prospect, boulevards, were all things are considered on to your level? elections have consequences? well, at least they should been coming from administration. looks a lot like the outgoing biting administration when it comes to ukraine. also went through romania, georgia and law though they have in common. the answer is they are on the regime change menu to discuss these issues and more of joined by my guess towards samuel in budapest. he's a pod cast where the gamble, which can be found on youtube and locals, and assembled across the techniques. there was a lot of he is a historian and political commentator original across the.