Labor Day Special 2025 - Review of MoneyGPT

This episode is a review of the book MoneyGPT: AI and the threat to the global economy by James Rickards. This book explores the impact of AI on global financial markets, highlighting its potential to both enhance efficiency and trigger catastrophic economic disruptions due to its lack of human judgment. This review mainly focuses on chapter 2 in the book, which is titled Banking Mythos. This chapter is about a hypothetical bank run caused by AI. This book is recommended for bankers, financial professionals, politicians, and students.