11min chapter

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

Is AI the Next Big Threat to Our Financial System? James Rickards Explains

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

CHAPTER

Banking Risks and AI Challenges

This chapter analyzes the risks associated with unregulated banking systems, particularly in light of the Silicon Valley Bank crisis, where many deposits lacked insurance. It raises concerns about the impact of AI on financial stability and the disturbing prioritization of wealthy individuals during bailouts. Additionally, the chapter emphasizes the importance of understanding historical contexts and influential literature in navigating the complexities of modern finance.

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