Jim Rickards: Is AI in Finance Leading Us To Crisis?

Nov 14, 2024, 10:15 AM EST

What will AI do to life as we know it? This is the question dominating so many platforms at the moment. From company boardrooms to government debates, the power of AI is something that is scaring and impressing in equal measure.

So it was with interest when I spoke to James Rickards about his new book, MoneyGPT: AI and the Threat To The Global Economy. In the book Rickards explains his view that AI’s global implementation in the financial world will cause chaos, rather than create the efficiencies that so many insist will happen.

Today we bring you the interview. In the conversation we look at how AI could impact not only financial markets but the global world order. And, what can be done about it?

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About Author

Dave Russell

David is the CEO of GoldCore. Until Summer 2023 he was the Director of Marketing and Communications, responsible for all marketing and communications strategies and branding. David joined GoldCore in 2008 as Director of Business Development and later took over as Director of Marketing and Communications in 2020. Prior to this Dave managed and operated his own Marketing Agency and completed multiple coaching qualifications. "Working for GoldCore gives you a fantastic lens through which to view global financial and geopolitical developments. I am very proud to be part of a company that contributes to increasing investors understanding of these developments." When he’s not at work, David is passionate about sailing and has completed the ‘Round Ireland Yacht Race’ twice.