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MoneyGPT
AI and the Threat to the Global Economy
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Narrated by:
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James Rickards
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By:
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James Rickards
About this listen
“Essential reading”–Forbes
From the New York Times bestselling author of The New Great Depression and Currency Wars, a telling prediction for how AI will endanger global economic markets and security
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, popping up on the news, in ads, on your messenger apps, and in conversations with friends and family. But as AI becomes ubiquitous and grows at an ever-increasing pace, what does it mean for the financial markets?
In MoneyGPT, Wall Street veteran and former advisor to the Department of Defense James Rickards paints a comprehensive picture 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 more likely. 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 when we rely on them 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 and common sense before it’s too late.
©2024 James Rickards (P)2024 Penguin AudioListeners also enjoyed...
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"MoneyGPT [...] 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."—The Financial Times
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El autor estaba en bancarrota, en solo dos años y medio se convirtió en millonario y construyó una de las más grandes firmas de consultoría para el éxito. Con sus enseñanzas ha tocado la vida de millones de personas. Este audiolibro te enseña a observar como piensas. Es un reto a tus ideas que te limitan, a los razonamientos que no te apoyan y a tus acciones con respecto al dinero.
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El libro está bien, pero ES VERSION RESUMIDA
- By alexnvlp on 08-24-23
By: T. Harv Eker
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How to Day Trade for a Living
- A Beginner's Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
- By: Andrew Aziz
- Narrated by: Kevin Foley
- Length: 6 hrs and 56 mins
- Unabridged
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Very few careers can offer you the freedom, flexibility, and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed. In the audiobook, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day.
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Its a sales pitch
- By Xavier Foley on 02-08-18
By: Andrew Aziz
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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
- By: MJ DeMarco
- Narrated by: MJ DeMarco
- Length: 12 hrs and 46 mins
- Unabridged
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Since you were old enough to hold a job, you've been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. I call this soul-sucking, dream-stealing dogma "The Slowlane" - an impotent financial gamble that dubiously promises wealth in a wheelchair. For those who don't want a lifetime subscription to "settle-for-less", there is an alternative.
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Excellent!
- By Iray007 on 09-22-15
By: MJ DeMarco
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Plan Your Year Like a Millionaire
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 2 hrs
- Original Recording
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Plan Like a Millionaire is part of a riveting three-part series, and it's all about elevating your game and setting goals like a seven-figure earner. In this wealth-inspiring listening journey, Rachel reveals the secrets of how to set goals, manage time wisely, build essential support systems, break free from financial constraints, and make savvy money decisions.
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Feel Good Book, only
- By Maggie on 01-06-24
By: Rachel Rodgers
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The 1-Page Marketing Plan
- Get New Customers, Make More Money, And Stand Out From The Crowd
- By: Allan Dib
- Narrated by: Joel Richards
- Length: 6 hrs and 31 mins
- Unabridged
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To build a successful business, you need to stop doing random acts of marketing and start following a reliable plan for rapid business growth. Traditionally, creating a marketing plan has been a difficult and time-consuming process, which is why it often doesn’t get done.
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You Need to buy Book to get key info
- By Rosie's mom on 10-23-18
By: Allan Dib
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The Most Important Thing
- Uncommon Sense for The Thoughtful Investor
- By: Howard Marks
- Narrated by: John FitzGibbon
- Length: 7 hrs and 9 mins
- Unabridged
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Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
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Five Star Book, two Star Audiobook
- By Johnny on 06-08-15
By: Howard Marks
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Do Epic Shit
- By: Ankur Warikoo
- Narrated by: Ankur Warikoo
- Length: 3 hrs and 17 mins
- Unabridged
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Ankur Warikoo is an entrepreneur and content creator whose deep, witty, and brutally honest thoughts on success and failure, money and investing, self-awareness and personal relationships have made him one of India’s top personal brands. In his first book, Ankur puts together the key ideas that have fuelled his journey—one that began with him wanting to be a space engineer and ended with him creating content that has been seen and read and heard by millions. His thoughts range from the importance of creating habits for long-term success to the foundations of money management.
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Epicly Sh*t
- By Anonymous User on 09-30-22
By: Ankur Warikoo
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Money. Wealth. Life Insurance.
- How the Wealthy Use Life Insurance as a Tax-Free Personal Bank to Supercharge Their Savings
- By: Jake Thompson
- Narrated by: Alan Caudle
- Length: 1 hr and 27 mins
- Unabridged
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America's elite have been using cash value life insurance to stockpile wealth for centuries. Used correctly, it is better described as a personal bank on steroids, and a financial bunker for tough times. To be clear, this audiobook is not about the typical garbage peddled by most insurance agents. Rather, an alternative to the risky investment strategies taught by Wall Street. It details a highly efficient form of cash value life insurance designed to supercharge your savings and stockpile wealth.
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what the heck was this?
- By Gladys Torres on 10-20-16
By: Jake Thompson
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Buy an ounce of Silver instead of this Book.
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Since 2014, international monetary agencies have been issuing warnings to a small group of finance ministers, banks, and private equity funds: The US government's cowardly choices not to prosecute J.P. Morgan and its ilk and to bloat the economy with a $4 trillion injection of easy credit are driving us headlong toward a cliff. As Rickards shows in this frightening, meticulously researched book, governments around the world have no compunction about conspiring against their citizens.
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Same story he's written twice before
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The Death of Money
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The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: War, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching - and why this time, nothing less than the institution of money itself is at risk.
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A good review of the global financial system
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Buy an ounce of Silver instead of this Book.
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Well, that’s not what I was expecting
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The 32 Unbreakable Laws of Money and Success
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love Brian Tracy's books!
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Good as Gold
- How to Unleash the Power of Sound Money
- By: Judy Shelton
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With clarity and moral courage, Shelton charts the course to a brighter future. She’s one of the few economists bold enough to challenge the inflationary policies of the Federal Reserve, emphasizing how today’s policies enrich elites at the expense of—you guessed it—poor and middle-class Americans. This, Shelton insists, must end. And it can end—easily. But Shelton doesn’t stop there. Her vision is for not only America but also for people around the world. Global, economic upliftment, she insists, need not come at the expense of domestic prosperity. We can have both.
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Gold > Fiat
- By Vance V. Ginn on 12-09-24
By: Judy Shelton
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Broken Money
- Why Our Financial System Is Failing Us and How We Can Make It Better
- By: Lyn Alden
- Narrated by: Guy Swann
- Length: 17 hrs and 31 mins
- Unabridged
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Broken Money explores the history of money through the lens of technology. Politics can affect things temporarily and locally, but technology is what drives things forward globally and permanently. The book's goal is for the listener to walk away with a deep understanding of money and monetary history, both in terms of theoretical foundations and in terms of practical implications.
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It’s the ledger stupid
- By Jessica Hopman on 03-14-24
By: Lyn Alden
What listeners say about MoneyGPT
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Sandra
- 12-08-24
Practical suggestions on how to shore up and continue in on matter what
I appreciate the depth of analysis and the breadth of topics Mr Rickards covers. He quotes cultural influencers from art to banking to AI to the pandemic.
His comforting reminders to keep our senses as we travel through this phase of digital living are appreciated.
God, family, and country!
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- Jonathan C.
- 02-12-25
Not an AI review
Rickards is throwing real world aspects and truths out there that many with their blinders on wanted to double down and plug their ears with tampons.
The performance was well done and most the the nay sayers on it are just looking to gripe about something because they don't want to hear true facts.
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- Preston
- 11-19-24
Why GPT is dangerous
Excellent book though it starts out dry. Best material is sections where Rickards explains how and why AI and GPT will lead to unforeseen disasters if not restrained by human judgment and common sense.
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- Michael Telford
- 11-16-24
I always find a Rickards book thought provoking.
I think the book would have been better served with a professional narrator. It was hard to understand but turning up the volume helped.
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- Jay Voorhees
- 11-17-24
Always interesting
I look forward to all of Mr. Rickards’ books because they are always well researched and extremely interesting. I love his sidebars too, like his brief bit about Andy Warhol.
I also enjoy his reading style, as I listen at 2x and his style accommodates that perfectly.
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- Anonymous User
- 11-20-24
A critique on AI
I’d recommend this book to anyone that wants to understand the danger of AI in stock markets and in high stake decision making moments (ie military action)
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- WildFire
- 02-06-25
Finally a bit of truth
Whether you want to know what is headed our way or not life is still coming at us with the peddle all the way to the floor. Be ready or get run over.
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- Zack
- 11-12-24
Audible Audio book.
This is a case of an author who should stick to writing. This audiobook was read so bland and monotone it is painful! I'm not sure I can finish the whole 5 hours.
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- Mahmoud E.
- 11-26-24
Poor narrator
narrator had zero talent in narration , he made the book horrible to be listened , i wish if there is other narrator
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- BBetron
- 12-26-24
Your view on climate change is wrong
I have been listening to your views on economics for five to seven years, you should have done a lot more research on climate change. It seems like you had your view as a “finance” guy on climate change and went out to find someone to confirm your view. To put that view into a book is wrong.
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