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Quote by James Rickards

“The 1962 Cuban Missile Crisis came well before the current age of AI, yet computers were in use and technology played a critical role in the form of U-2 spy plane photos that showed Soviet missile installations in Cuba. Protocols and standard operating procedures were in place, ... Still, it was human judgment as displayed in Khrushchev's letter to Kennedy and Kennedy's decision to remove U.S. missiles from Turkey and Italy that defused the crisis. ... human judgment, not computers and processes, avoided nuclear war. It's instructive that the one case, albeit fictional, in which nuclear war resulted was [the movie] "Fail Safe," where a computer malfunction had the last word and attempts at human intervention by the president and the commander's wife failed due to strict adherence to protocols. ... Delegation of attack decisions to AI, however sophisticated, greatly increases the risk of nuclear war.”

Quote by James Rickards

Work

MoneyGPT: AI and the Threat to the Global Economy

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Author

James Rickards
James Rickards

James Rickards is a renowned author specializing in finance, investment, and national security. His works delve into the complexities of the global economy, monetary policy, and geopolitical risks. more

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“Q: Which party had wildest celebration and how did it play out? 1) The 1972 Dolphins Super Bowl watching party for the David Tyree catch? 2) The Jack Nicklaus day after Thanksgiving morning in 2009? 3) The NFL referee Monday night football watching party at Ed Hochuli's house for the Seattle/Green Bay game? —Steve G., Salt Lake City SG: Here's my theory on the day after Thanksgiving in 2009: I think Jack Nicklaus heard the news, went out and bought a bottle of 20-year-old Pappy Van Winkle, found an antique shotgun with 300 rounds of ammo, then drove to a secluded spot in the woods 25 miles away from any other human being. He got out of his car, started jumping around and screaming like he won the Super Bowl, did this for 20 solid minutes, then started swigging whiskey and shooting at things while whooping it up. Eventually, he drank the entire bottle, got back into his car and just started happily ramming into trees until the car stopped moving. Then he passed out in the driver's seat, woke up the next morning and walked home. Anyway, my answer is Jack Nicklaus.”