the, the time as soon or 10, so you're welcome back to going under ground, broadcasting all around the world from the u, a. e. after a year review k u. s. u, i'm genocide and nature defeat in its proxy war and russian through ukraine. the global economic landscape is transformed. most of the world now looks optimistically to the new bricks while doing it. as western european economies collapse and the us on the trump reported these seeks to retrench. but what about one technological danger? they could 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, detailed in his new book, money g, p, t, a i, and the threats to the global economy. he's the best selling economics, all of a former pentagon and us intelligence adviser and commented or the financial newsletter strategic intelligence. he's going to be

a game from albany in new york. jen, thanks so much for coming back on. we're seeing the horror of uh, hey, i own welfare is millions of threatened bites in this region by the u. k. u. s. u armed weapons. so what is money? g p t, in the title of your book, outlining a threat to perhaps bigger than the threats we seen over here in 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 fighting, but the point is, you know, a, i artificial intelligence of course, to be john, or to preach range transformers should be to use just as subset of a. i is surprised. it's called the tension lately you can give it a prompt, it'll, it'll write it, i say already 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 just a subset of, of a i and the, the,

the book is not bash a i saw that they are dashing, exercise there's, oh, it's 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 like a new i killer combinations. it could treat or assure 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 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 book's about in the book i stick to my lanes, so to speak, which are a capital markets 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 over 60000000 soldiers and they just moved. looks like a couple lines of

a computer code as a matter of fact. so um, you know, mary shelley's frankenstein, 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 tell, and obviously these 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 gay is supposed 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 develop or 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 depends where for lying. but it's the 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, but that's part of it is, well, i make the point that 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 to that they're looking for words that associated with other words, explaining what the 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 all math . 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 avondale, their g p t app, it was called gemini. and one of the users of early user put in a what's called a prompt, which is a question. and it said, please give me an image of a pope and the computer came back with 3 images of women and people desperate us and to shauna. and then another user said, please give me an image of a viking and it came back with an african biking. well, i happen to be careful again, 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 scans 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 output, 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, as 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 viking 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 is functioning perfectly, but it's not responded to your question. it's responding to and 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 prison. i use a in the book about the ukraine essay, which you quickly identified as probably a result of judge dvd in foreign policy magazine. the, the catastrophically poor a journal that the c i a and diplomatic walks uh wants to, uh, quote from right, well, well, you're right. i mean, the examples are very successful,

but they're the real examples. but 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 analyst with guys using g p t. what all we know, what is this is open i, which assembled as a private company, but it's microsoft now that which is facebook alphabet, which is google, apple, and just a few other is a fire 6 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 mass, which don't work. they lied about the vaccines, which are not, vaccines expand, not experimental to g modification therapies. that also don't work that a lot about the war on ukraine. 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 her reverently that 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 have people,

organizations start with the google, but the other ones i mentioned who have been lying to you for 5 years or longer, about climate change to warn you. crane, depending demik and a lot of house. but all of a sudden we're supposed to believe them and you be 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 the group to your place value and then just add to that. if you happen to be a subject matter expert, you can probably spot the false. so it does like this. but there was an example where you kind of turn that in a 2nd. you can probably spot this also, 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. so being propagandized propagandized by the output is just then one of many flaws and problems with the system that i do. i point to the example you're on ukraine's that

you could refer 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. they weren't ukraine. one was generated by a computer gp 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 are supposed to look at them and see if you can pick the robot. i take it in one set like one sentence that, that's the robot. and then i read the rest of it about the other ones that as a student and i was right, but it was 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 to occasionally, because so few of them come in handy, but it was cliche written, but that's how a computer i wanna 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 cliches over and over. it assumes

that that's how you write a, so i have good writers, right? but that's how a computer might write. so it was already used as a spot, but so they were due to problems. number one. why said, of course it 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 food i taught the 2008 declaration, you know, 2008 george bush said george and ukraine. she joined data 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 in the 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 win an election and then 2 months after that put and took over 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 the 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, it was and the, the role that was easy to spot because it wasn't very good, right? or so. so it's hard to tell though, i don't know whether you know, your chat cvt because it's giving south to, to assess here autonomy to invading georgia. no, 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 life, which i didn't know is to be called close day. i have i multiply by you present. we are usually relieved of a trump big tree. then as regards the law most influence the hill, most cars 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 line

is ready. 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 created 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 end. 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 start to landing $53.00 sentences. so okay, off by one and looks like $222.00 houses off by 2 out of $435.00. so is literally the best prediction in the world, you know, people like, uh, uh, uh, yeah, we need 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 you get more, i q points rated, you have the 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 and everyone's happy. we're just going to go to a break though. we're good. that's what are using words to help to generate guides of stuff to you. the more from the phone i've had to get adviser, best selling all their money, g, b i and the threat to the global economy after the spring, the, the russian states never. i've side as i'm one of the most sense community best. i'll send, send up the send, the 65 must be the one else calls question about this,

even though we will then in the european union, the kremlin mission, the state on the rush of funding and supports the r t supposed net keeping our video agency roughly all the band on youtube tv services for the question, did you see a request, which is the welcome back to going on the grant 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 us. i do want to get

onto. i'm again, i keep interrupting. is it so many themes in the what i can, i've got to go to have mentioned the nuclear threats. you're a big fan of charles, so i'm just p s. and the russian lieutenant colonel. stand this petroff. uh yes. what do you did in 1983 just explained 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 the, in, in the 19590 in 96. these it was a albert and the roberto most other. and that's a 100 kissinger. but maybe the biggest brain was harming tongue. and harmon,

con no basically said, here's, here's optically where is it gonna start? nobody's going to wake up on a sunny day. so nice. i think i'll fire off and you blow your weapon. he developed what he called the escrow tory louder was actually $54.00 step louder and you said what happens is 2 and tagging. this one does something provocative. the other one response, you know, in a more aggressive way. the 1st party, you know, raises the and the, and you keep going, getting more more violent or, or confrontational, and you don't realize it. you're climbing the escrow toy louder. you are climbing it ladder towards noon. so you're not elation by the way. they were to die and i was 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, put and engaged, done, boss. we start signing, bradley, fighting vehicles, and abrams tanks and attack dismissals and patriot missile batteries. and where she

comes back with the change 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 joy, talent, though there's no question about that. same thing in the middle east. again, starting with the, with the massacre on october 7th, 2023 israel and those guys a possible outliers, 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 argues you politics of it. but there's no question that you're on an escal atory path. and there are nuclear powers, all around us, russia, israel, and nuclear, a nuclear power around so far away. and so you're on exactly the dynamic that con, describe what all this cons, advice, cons, advice, that 1st 3 steps, 1st step, recognize that you on the ladder. don't engage wishful thinking. don't pretend

otherwise. you are on that list of the toilet. a number to take a b stop. number 3, climb back down. de escalate, find a way and back down that ladder 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 ladder and 9062, when we climb down, there were 2 cases in the 1980s. one in particular, um the russia actually had and will show you and you have the time that basically rush you, they had 2 forms of primitive a, i that we using ai at the time and it has system code them. oh, go. and it was designed to detect incoming us ballistic missiles. and one day it is 19 a 3 a day. and actually gave a launch signal to the se, cuz the, the worst bodies 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. i'm wondering, so let's give a lost signal. now, lieutenant crossed as petroff was so the signal and his orders were call his

superiors moving up the chain in other words. and that could very well have resulted in the soviet union of firing. this was of us, but he had worked on the system. he knew it had flaws, and he saw that there were 5 missiles coming in. and he said to themselves, well, if the us were attacking the soviet union or russia, they wouldn't send 5 missiles, they would send $200.00 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 on the radar and triggering of false alarm. but he disobeyed orders. he does not cause seniors. he 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, a 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 of 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 best we do and if we were attacked while the were getting that native was conducting was a nuclear attack. it was a game, but 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 of the troops and u. s. army who saw this and de escalate. here the word game to take, you know, take a pause and, and stop further action the case you be picked up on it and they de escalate it. 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 lieutenant general troops and relied on guidance. they relied on they've got the right tuition, common sense. they dissipate orders, they risk their 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 to do down a 5 by a child, sanders pearson, the 19 or person, and $0.19 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 common sense. it's good in saying does intuition. so things that make you like, i mean, you much if you sorry to interrupt. 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. that's 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 can 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, i'll be killed saying, do you want to have it off to the side or some kind of boundless 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. all right, well um, you know, you have a, uh you have a football game and you don't have a very good deal because the person in front of you is too tall or wearing big hat or whatever. so you say why have a solution or stand up and you stand up and yeah, i guess 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 the capital markets and how does that work. so you have a market crash again, not uncommon. we saw it in march 2020 market, so 30 percent and 30 days. and so what did people do?

they watch it for a couple of days and like, you know, what, i don't wanna lose money on that. they sell everything. go to cash flow, just sidelines. wait until the market is bottom and then they can tip to it back in the 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 does it? very quickly? have all sellers know buyers, you blow to the circuit breakers, you go to 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, we're ins 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 whom nature. so truly the combinations, human nature combine with the silver in the bay i that makes all this up and much faster. and regulators realized, 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 of the markets and other elements that i've just go to because we're running out of time, just ask you what your advice is. usually some might see 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 late capitalism. and but why do advisors occasion as well, among academics in their additions as well understood strategy. those for those are easy enough to be able to that. but as i should say, for view as well, living paycheck to paycheck, you know, i, i want, wants to obviously the tax driver in las vegas and we, 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, you can buy one gold coins, you know, at the time it was about $1200.00. i said by one gold coin put it in a safe place and that, that well to be preserved. so yes,

the problem with diverse vacation i, you recommended people go on diversified. i own 50 starts and 10 sector semi conductors mining to the silver non dorval's assert. and i say no, you're not. you may on 50 stars, but you're in one asset class, which is stats. and we're going to get out to get real diversification names. 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 buying our 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, a lot of cash, i mean that is some significant percentage of your portfolio, 30 percent, or maybe more if these flash crashes happen and they will, and that's just a matter of time. the rest of your portfolio would be preserved in your well to be preserved jim 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 the suffering in the holy land as christmas at the hands of u. k. u. s. u um genocide will be back on saturday. the 18th of january for brand new season, until then we'll be hearing your favorite episodes of this season every saturday monday. remember, you can still keep in touch my all social media, if it's not sense a new country and i do i channel going underground tv. hon the com to let you know the episodes are going on the ground with you very soon and have a happy new year. the virginia itself, the gaining independence and from the law form of the ivory coast, remained under the strong influence of its foam and metropolitan pro french president, felix, who said one year, ruled the country for 33 years,

ensuring the interest from the city got on feeding isn't it in a new house, including his foster, larry's chestnut goods was done. those who saw him a lot more appropriate after the death of, of a one year, a new lead to bill. i'll get back the ball came to power, and i'm ready to double, for example, the accuracy. why do you know if we're picking up from or they're gonna use? it isn't good enough for tiffany to one is for the one, the bronze demetrius, the dean. good luck. boeing. enemy, a deep political crisis is huge. walk a, the country 2nd largest city, turned into a theater of last year from 130 to the other. 2 on repeatability. some warranties. how did the dramatic events unfold and how is walk a recovering from? he is a bloody conflict. watch on odd c,

the. the may have main mozambie. you compress the top port of homes. so ruling parties of victory and all the type of select what lies behind friday's deadliest half on the job on christmas pocket, simpsons and mass media class on the religious motives fit could hotspot the project. we have exclusively from much on as to new the terrorist us. he told me this year we slipped through the age of $26.00 in the area. i think he adopted this position without the conviction. but to be one of them is the last page of all and invest.