James Rickards

moneygpt

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How Broken Supply Chains, Surging Inflation and Political Instability Will Sink the Global Economy

Sold Out

The Making of the Next Global Crisis

Currency Wars

The New Case for Gold

Seven Secrets of Wealth Preservation in the Coming Chaos

Aftermath

The Global Elites' Secret Plan for the Next Financial Crisis

The Road to Ruin

The Coming Collapse of the International Monetary System

The Death of Money

MoneyGPT

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James Rickards convincingly argues that the greatest danger is not that AI malfunctions, but that it will function precisely as it was intended to . . . Indeed, the book makes a powerful case for better guardrails and limits around how humans might outsource decision-making as AI technology evolves

Financial Times: Best New Books on Economics

AI and the Threat to the Global Economy

Financial expert, investment advisor and New York Times bestselling author James Rickards shows how generative AI is reshaping the world of finance, explaining what smart investors can do to protect their assets. 
 
AI-powered programmes like ChatGPT have become valuable tools in the financial market, and proven to be incredibly beneficial to investors looking to identify investment opportunities and risks that might be overlooked by humans. Yet there is a darker side to these products, which we are only just beginning to fully understand. 
 
In this book, Rickards shows how models like ChatGPT work, and how they can be leveraged to capitalize on markets and avoid losses by providing accurate, up-to-date financial insights. Rickards’ guide is essential reading for anyone looking to navigate this tumultuous new climate. 
 
James Rickards breaks down the best ways you can protect your wealth in the age of the shifting financial markets, busting the myths surrounding all the usual doomsday predictions around super intelligent AI.

James Rickards is The New York Times bestselling author of The Death of Money and The Road to Ruin. He is the editor of the newsletter Strategic Intelligence and a member of the advisory board of the Physical Gold Fund. He advises the Department of Defence and the US intelligence community. He served as a facilitator of the first ever financial war games conducted by the Pentagon.

In November 2022, OpenAI released GPT-4 in a chatbot form to the public. In just two months, it claimed 100 million users, the fastest app to ever reach this benchmark. Since then, AI has become an all-consuming topic - but as AI becomes more ubiquitous and grows at an ever-increasing pace, what does it mean for the financial markets, and how should investors prepare? 
 
In MoneyGPT, James Rickards shares his signature predictions of the danger AI poses to the global financial order, and the insidious ways in which AI will threaten national security. Rickards shows how, while AI is touted to increase efficiency and lower costs, its global implementation in the financial world will actually cause chaos, as selling begets selling and bank runs happen at lightning speed. AI further benefits malicious actors, Rickards argues, because without human empathy or instinct to intervene, threats like total nuclear war that once felt extreme are now within reach. And throughout all this, we must remain vigilant on the question of whose values will be promoted in the age of AI. As Rickards predicts, these systems will fail just when they are needed the most. 
 
MoneyGPT shows that the danger is not that AI will malfunction, but that it will function exactly as intended. The peril is not in the algorithms, but in ourselves. And it’s up to us to intervene with old-fashioned human logic before it’s too late. Rickards’ take is essential reading for anyone looking to navigate this tumultuous new AI climate.

MoneyGPT

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James Rickards

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