00:18:22.960It's only going to be through January.
00:18:24.960And we were expecting something sort of like this because of all the criticism that the Federal Board has gotten.
00:18:30.960The Federal Reserve Board of Governors, particularly from President Trump, his team, and from, really, Mirren himself.
00:18:38.960We have heard him be critical of the fact that there have not been lower interest rates, among other things.
00:18:43.960So now you're going to see this loyalist who's going to sit in this position on the board, at least just temporarily through January,
00:18:50.960when he's going to be re-upped and they're going to find someone to fill that role permanently.
00:18:55.960Just to be very clear, a part of this whole thing is really based in President Trump's intense dislike and anger at the Federal Reserve Chair, Jerome Powell.
00:19:07.960We know that he has wanted to replace him, but he has been advised that that is a bad move, particularly for the markets.
00:19:13.960Wall Street would not go for something like that.
00:19:15.960But now you're seeing him be able to have an opening to put at least a loyalist on the Board of Governors to have readbacks on everything that is going on there
00:19:24.960and to have a voice in the room who believes what President Trump believes.
00:21:59.960It looks very cool, but it's basically just a fancy camera that's able to look at you and tell whether you're a real human or not.
00:22:06.960In a world of deep fakes and online bots snagging the best deals, this shiny chrome white ball or camera could help prove that you're a human.
00:22:16.960We wanted a way to make sure that humans stayed special and central in a world where the internet was going to have lots of AI driven content.
00:22:50.960GPT-5 is a major upgrade over GPT-4 and a significant step along our path to AGI-5.
00:22:56.960Now it's like talking to an expert, a legitimate PhD level expert in anything, any area you need on demand that can help you with whatever your goals are.
00:23:05.960This is an incredible superpower on demand that would have been unimaginable at any previous time in history.
00:23:12.960You get access to an entire team of PhD level experts in your pocket, helping you with whatever you want to do.
00:23:18.960Okay, one of the things we try to do on the show is to make sure that you get the underlying trends and things that are, you know, we do news of the day and you've got to be up to speed on that, but things that are more signal and less of the noise.
00:23:33.960And this is one of them. That's why we started the morning show with Alex DeGross about the converging forces that are coming together in modern American politics actually redo the House of Representatives in which the Democrats are full meltdown.
00:23:46.960This is another one. Joe Allen, our expert on all things transhumanism, particularly artificial intelligence.
00:23:53.960Joe, first off, this is another huge people should understand. These are now increasing at accelerating at an accelerating rate. This is GP five.
00:24:03.960We launched. It was a two Davises ago was two and a half years ago that you launched. I think the first GPT, I believe. I don't think it was three years ago.
00:24:12.960I think it was two years ago. Anyway, I'll let you remind me. And what the buried lead here, 700 million people a day or a week.
00:24:21.220I think they said use chat GPT. That is that is 700 million. That is just under what, 10 percent of the world's population.
00:24:31.220But if you take adults, right, it's got to be what, 15, 7, 16, 17, 18, 19 percent of adults.
00:24:37.600So pretty, pretty, pretty stunning. What do you think about this launch today?
00:24:42.600Was this ahead of schedule, behind schedule? Has it been the upgrade that a lot of people on in this area were talking about?
00:24:52.660Well, Steve, the reaction right now to GPT five as various experts are allowed to play with it and from some of the people who were given the preview, it's pretty subdued.
00:25:05.720People are pretty disappointed, mainly because they've been working on this for nearly three years, maybe a bit longer with billions of dollars going in.
00:25:15.500So people expected a bit more. Now, the real question isn't is this AGI, is this artificial general intelligence, nor is it will GPT five replace all coders and white collar workers?
00:25:31.640The answer to both of those, no. The real question is, where does this model stand on the graph of increasing capabilities for AI?
00:25:44.000And that's a question that will be answered over the next few days as more and more people rake it over.
00:25:49.260Looking at the internal benchmarks is definitely an improvement over GPT four and most other models with some some domains accepted.
00:26:00.600The most important, Steve, is encoding, especially how long it takes to code.
00:26:06.760So there's an organization meter, for instance, that tracks how long it takes for an AI model to perform a task.
00:26:15.580This represents a major increase in efficiency and speed.
00:26:20.820GPT five is about 50 percent faster than its predecessor.
00:26:25.840And there's other elements to the reduction in hallucination, again, from their internal testing.
00:26:31.440We'll just have to see over the next few days if it really holds up to that claim.
00:26:35.900But maybe more important even than its capabilities is how quickly and easily artificial intelligence is saturating all these different sectors of society from school to medicine to government.
00:26:51.980You heard Sam Altman during his presentation today, during the launch presentation, pitching GPT five as a reliable medical expert to help guide you through whatever medical condition or issues you're dealing with.
00:27:08.940Musk has pushed Grok for similar purposes.
00:27:11.900Greg Grok, Greg Brockman from OpenAI, similar things.
00:27:15.540And more and more doctors are relying on it.
00:27:17.680Remember, Dr. Oz believes that a physician will be negligent in the near future if he doesn't refer back to an AI.
00:27:25.460So the saturation of the federal government with AI models, as you heard there, OpenAI is offering GPT for a dollar, basically for free, to the entire executive branch.
00:27:40.800All of these critical areas, from education to medicine to governance itself, are being just completely inundated with AI as a source of valid information and oftentimes as an authority, a PhD-level authority on this information.
00:27:59.080And just to tie it all up with a real bright and shiny bow, you also saw there the expansion of what's now known as World, used to be known as WorldCoin or WorldID.
00:28:10.680This is an enterprise for digital identity that Sam Altman initially invested in and continues to boost.
00:28:18.740And the idea is that as the online environment becomes more and more suffused with bots, Forbes recently reported that over 50% of online activity and traffic is consisting of bots, that you will need some sort of biometric identity to prove your humanity to the world.
00:28:39.580If you look at the entire system as a whole, it undoubtedly looks like the digital prison that the most paranoid observers often call it to be.
00:28:52.620I need you to hang on because I've got a bunch of questions from that.
00:28:56.520We're going to take a short commercial break.
00:28:58.380And, of course, Philip Patrick is going to join us.
00:29:00.560Joe Allen is here, a major release, Years in the Making on Artificial Intelligence.
00:29:05.480I know you said from the experts, they're not blown away, but, man, just some of the stats you gave there kind of, I think, blows me away.
00:29:13.920But, anyway, Joe Allen will stick around.
00:30:18.380As BRICS nations push forward with their plans, global demand for U.S. dollars will decrease, bringing down the value of the dollar in your savings.
00:30:27.080While this transition won't not happen overnight, but trust me, it's going to start in Rio.
00:30:33.540The Rio Reset in July marks a pivotal moment when BRICS objectives move decisively from a theoretical possibility towards inevitable reality.
00:30:43.820Learn if diversifying your savings into gold is right for you.
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00:30:55.280Claim your free info kit on gold by texting my name, Bannon, that's B-A-N-N-O-N, to 989898.
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00:31:39.200A former CIA, Pentagon, and White House advisor with an unmatched grasp of geopolitics and capital markets,
00:31:45.800Jim predicted Trump's Electoral College victory exactly 312 to 226, down to the actual number itself.
00:31:54.480Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency and your financial future.
00:32:02.800His latest book, Money GPT, exposes how AI is setting the stage for financial chaos, bank runs at lightning speeds, algorithm-driven crashes, and even threats to national security.
00:32:14.280Right now, War Room members get a free copy of Money GPT when they sign up for Strategic Intelligence.
00:32:21.040This is Jim's flagship financial newsletter, Strategic Intelligence.
00:33:10.980And by the way, I'm up on Getter nonstop.
00:33:13.360If you go to Getter, you can see exactly what we're thinking about in the war room before the show, particularly early in the morning or late at night.
00:33:29.720You know what a great service it provides.
00:33:31.660You know how they support the causes you support.
00:33:35.040In fact, if it wasn't for the team at Patriot Mobile, we would be nowhere in this redistricting.
00:33:40.740Cornyn is saying today that he's had an assurance, I think from Kash Patel, that FBI is going to assist local law enforcement in rounding up the Democrats.
00:33:51.060Now, I don't know what that means because I'm not so sure.
00:33:52.960Local law enforcement in Illinois is going to be rounding up these recalcitrant, cowardly House Democrats.
00:34:14.580So, Joe Allen, first of all, tell people the hallucinations thing is a very big deal.
00:34:19.620Tell them what that means because hallucinations is one of the things that scares people the most about artificial intelligence, sir.
00:34:28.040Yeah, Steve, the hallucinations are basically the system simply lying to the user.
00:34:34.240When an AI is asked a question, its job is to fill in an allotted amount of space with words.
00:34:43.040And oftentimes, it will just veer off course and begin to invent things and present them with full authority.
00:34:49.800When you look at some of the earlier models that GPT put out, some of the streamlined models,
00:34:54.840you would get as much as 18%, even up to like 40% plus hallucinations out of those models when they were doing the testing.
00:35:04.740It doesn't mean every single interaction is going to produce that, just when they're doing the testing.
00:35:09.860With the new model, with GPT-5, at least with the internal testing, they've reduced this dramatically,
00:35:16.680like 5x on the various benchmarks so that O3, for instance, would hallucinate, say, 5% of the time on a specific benchmark.
00:35:27.200Apparently, and again, we'll have to see over time, GPT-5 has reduced that to roughly 1%.
00:35:32.680The reason it's really important, aside from accuracy in the models, is that if corporations are going to adopt this en masse, and they are,
00:35:42.360and if educational institutions and government agencies are going to adopt it,
00:35:48.600there has to be a sense of trust that it's not just going to be spitting out invented facts or entire narratives that were invented whole cloth.
00:35:56.280Well, these are very, this is a very thing, you could go in and say, hey, I got migraine headaches, and ask it, I need, what are some cures,
00:36:04.140what are amazing cures or great cures for migraine headaches?
00:36:07.860In hallucinations, the AI would come up with just makeup studies, makeup reports.
00:36:14.060You could actually be taking poison, and you don't know, it's hallucinating.
00:36:17.040It was doing things that people would do when they're on drugs or an LSD or whatever, just creating stuff out of thin air.
00:36:23.380And a lot of people early on, when these things were first released, would take everything as the gospel truth.
00:36:28.720It's quite, now they've reduced it dramatically, but it's quite far from being the gospel truth, correct?
00:37:29.300Like people thought since they, as we said, hey, something must be happening in the next 48 hours because they're talking about AGI a lot, sir.
00:37:35.620Yeah, Steve, I think you really hit it there, that Sam Altman has really been out there for the last month kind of seeding this idea of an expert in every pocket,
00:37:47.240seeding this notion of superintelligence as a goal, but maybe one that is right within the reach of the company.
00:37:54.300That doesn't seem to be the case at all.
00:37:57.400And that's one of the issues with overselling is that once something is actually presented, it better live up to something like that.
00:38:05.040The whole notion of transhumanism is, one hopes, a massive oversell.
00:38:10.560But that adoption rate is really, really important because if a huge number of people, right now it's 700 million, not to mention all the people who use, say, Grok or Meta's AI or Claude from Anthropic,
00:38:27.700all of the people using this have put their trust in it.
00:38:31.500And all of these investors have poured billions of dollars in under the assumption that something like the promise of AGI is going to be spat out the other end.
00:38:43.560But again, the really important thing isn't necessarily where it's at right now, but where it is going, what it's telling, what this release tells us about where it's going.
00:38:53.760Just to mention one thing, Steve, you'd ask, like, are there other metrics?
00:38:58.140There's one key test that a lot of people look to as is essential to sussing out whether a general intelligence is emerging.
00:41:09.840But I think gold is going to be more popular.
00:41:13.000And I'm not predicting about a price, but I think it's going to be more popular or looked at by mankind as something that's absolutely stable as you go to all these cryptocurrencies.
00:41:23.840And fiat currency kind of turns into a digital fiat currency.
00:44:00.760She's been a critic of central bank secrecy and unaccountability for years.
00:44:05.940She has been, as you mentioned, an open defender of sound money.
00:44:09.560She's floated the idea essentially of a modern gold standard.
00:44:13.600She's talked about the Fed's balance sheet.
00:44:16.380And I love the term that she used, a weapon of mass distortion, meaning she understands very well the dangers of easy money.
00:44:25.360She's also, and I like this as well, she's skeptical of the Fed's dual mandate.
00:44:30.840She said she wants to focus back on stable prices instead of chasing full employment.
00:44:36.860And this is sort of a tricky point, right, because we're talking about people's jobs here.
00:44:41.640But ultimately, it's been this sort of prioritizing of full employment that has led the Fed, in my mind, to sort of stimulate and fuel these bubbles.
00:44:51.160Look at the Bank of England as an example.
00:44:52.900They have a dual mandate as well, but they prioritize stable prices.
00:44:57.560So I think she's a very good pick for Fed chair.
00:45:01.340Ultimately, the issues that we have at the moment would have been mitigated with sound monetary policy.
00:45:09.640I think it's going to be a tough one, though.
00:45:12.460Wall Street and the globalist crowd have hated her ideas for years.
00:45:17.740But if she follows through and can get the nomination, I think we could see more discipline in monetary policy and more transparency in how decisions are made.
00:45:27.220And I think it's very important if we want to reshape the Fed and create more trust.
00:45:32.000So if it was my pick, I'd pick Shelton as well for whatever it's worth.
00:45:46.080The last thing they want is Judy Shelton in their life.
00:45:49.700We're going to take a short commercial break.
00:45:51.320I'm going to ask Philip to stay over about how people can engage with Birch Gold, because I think now more than ever, we're also going to talk about Lula.
00:45:58.080You would think with the tariffs and everything President Trump is talking about and some of the sanctions on the judge, they'd be trying to calm it down.
00:46:37.360Hey, I realize you've got many choices when it comes to who you choose for your cell phone service, and there are new ones popping up all the time.
00:47:07.880Ask the hundreds of thousands of Americans who've made the switch and are now supporting causes they believe in simply by joining Patriot Mobile.
00:47:49.720So, Philip, Lula, instead of trying to take the temperature down, he's throwing more gasoline on this because he understands, folks, I can tell you, if you want a trigger word for the president of the United States, it's de-dollarization.
00:48:05.360That's when Philip, remember, Philip, he spent a week in Rio, and they went out of their way not to mention it.
00:48:10.940They were doing bilat deals, everything in the world to basically de-dollarize, but they would never say it.
00:48:16.520Now, Lula, since there's a big fight about the Bolsonaro situation, tariffs, all of it, he's out today, I think, saying that he wants another round of bricks about actually driving the process of de-dollarization.
00:48:31.020Yeah, he is just refusing to shut his mouth, and I can hear China cringing, but now he's formally initiated a WTO dispute consultation to challenge the 50% tariffs on Brazilian exports.
00:48:47.800He's trying to frame it as a violation of global trade norms.
00:48:52.180He is now refusing to engage directly with Trump, which I don't think is going to work in his favor, knowing President Trump.
00:49:00.420But the concerning part is he's now pushing a coordinated block-wide response, planning calls with Modi, with China's Xi, to try and craft a joint strategy.
00:49:13.960And this is what we've been talking about, right?
00:49:16.480Initially silent, but now the calls are getting louder and louder and louder.
00:49:20.820You know, it's no surprise to us, but like I said, if I'm China, they need a little bit more time.
00:49:27.040Lula needs to quiet down, but he is refusing to do it.
00:49:34.440You know, we partnered with you guys four years ago.
00:49:37.340You and I talked about how do we help people understand this?
00:49:40.900How do we help them understand as a hedge?
00:49:42.220And we decided that people didn't really understand.
00:49:45.280In fact, many people in business economics don't understand the concept of the prime reserve currency and how important the dollar is to the global system.
00:49:52.500And so we started on the end of the dollar empire because we said, hey, whether we should be the prime reserve currency, it should be a national debate because it comes with all types of responsibilities.
00:50:17.280We're working on number eight and nine because Philip and the team took an entire team down to Rio and I think gave better wall-to-wall coverage than anybody.
00:50:25.220Where we really understood how the world and particularly the world that is anti-Western and particularly anti-American, you know, the Chinese Communist Party, the Brazil are under Lula, not Bolsonaro.
00:50:37.800But even people like although India's pledged, you know, field team, we, you know, India is a major strategic partners.
00:50:44.020We're getting crossways with those guys now.
00:50:46.160Of course, Russia is going to have this summit.
00:50:49.360I just want to talk about how people work with you.
00:50:51.640I think a great way to do it is come in and get information like the ultimate guide for investing in gold and silver totally free or end of the dollar empire where you learn the nomenclature, you understand debt, deficit, what's happened to destroy the value in the dollar.
00:51:05.120Philip Patrick, how do people work with you guys at Birch Gold to talk about the ownership of physical gold?
00:51:11.660And I'm telling you, folks, the more we go down the AI rabbit hole, the more you're going to want some physical gold, sir.
00:52:39.160I mean, you think of the forces out there.
00:52:40.920As long as these central banks are buying at record rates, as you know, the first six months of this year, this is after three, I think, two or three solid years of record rates of buying gold.
00:52:50.200The Chinese central banks, all these central banks are buying at gold.
00:53:13.240And President Trump picked her before.
00:53:14.460We're going to get into all that, I think, early next week to go through the whole history of Judy Shelton and why people,
00:53:20.140why Wall Street wants to keep people that have a great affinity and knowledge of gold off of the board of governors of the Federal Reserve.
00:53:28.860The six o'clock show, I can tell you, is going to be absolutely lit.
00:53:32.840We're going to start with we got Harnwell.
00:53:34.680We got we got geopolitics, geoeconomics, all of it.