And since 2001 accepting them into the World Trade Organization was that they would just be happy with just the low skilled stuff and obviously that they dominate 5 g. In fact us doesnt have anything involved in it at all but they also have Artificial Intelligence and i dont know whats going on there but i think our department of defense understands that theres some sort of advancements and fight in an Artificial Intelligence out of china and this week we saw this headline that everybody on crypto twitter is talking about open ais g p t 3 may be the biggest thing since big quine open ai and nonprofit Artificial IntelligenceResearch Company backed by peter t. Ilan mosque raid hofmann marc benioff sam altman and others released this 3rd generation of language prediction model g p t 3 into the open source wild language models allow computers to produce random ish sentences. Of approximately the same length and grammatical structure as those and given body of text now the person who wrote this was the ai. Right so this is like the fake meet a i Artificial Intelligence and this is been something on the horizon for a while and you mention china and china you know they do their 5 year planning every 5 years and my understanding is that during the last 5 year Planning Session in china they started to introduce a survey i becomes this. Additional element to their political efficiency because they can effectively go into the psyche of their competitors and then produce whatever it takes both from a production standpoint but also from a marketing standpoint in a geo political standpoint to effectively compete with another layer of intelligence that in this case ai and this is now become mainstream because even a year ago or so this did seem like it wasnt going to be happening for many years remember it on mosque is behind us hes one of the participants on this iran must also has neural link also said on joe rogan show the thing to worry about is ai and means if they can weaponize means then they can instantly change the consciousness of a population so perhaps that is why this is and now warfare model that this is part of what the pentagon you know in terms of controlling populations overseas are changing you know persuasion the same with china and you know theyre theyre thinking of or theyre talking about banning ticktock and tic toc allegedly has advanced ai inside its basically a testing ground for ai it watches what youre watching within the oho frame and understands what youre actually looking at within the queue tick tock you know the ozone stuff right where you can control people with maidens right names are just an extension of what was discovered by Sigmund Freud in color going back in the 19th century when they discover scientifically that there does exist a thing called the subconscious and the unconscious mayme is bypassed the conscious mind and they go to work in directly into the sub conscious and unconscious mind and will really elicit a response immediately a visceral response. And this is of course the basis of modern propaganda which we saw back in world war 2 its also the basis of modern advertising which is incredibly persuasive so if you can weaponize means and then put them onto the Global Internet of which billions are connected then you can control the masses and is elon musk a megalomaniac with armed with invincible weaponized me thats a possibility that we have to discuss that that could be the situation but hes definitely talking about doze coin a lot which is a just a pure mean coin so he has been thinking about means and in terms of this Artificial Intelligence they say that i predict that unlike a 2 predecessors p. D. P. And open a i. G. P. To open a i d p t 3 will eventually be widely used pretend the author of a text is a person of interest with unpredictable and amusing affects on various communities i further predicted that this will spark a creative gold rush among talented amateurs to train similar models and adapt them to a variety of purposes including mock News Research journalism advertising politics and propaganda so this is open source and. Obviously thats the way the us does it peter steele and both work for the u. S. Government various department of defense are agencies in other parts of their work so this could be a way to you know advance the technology and remember like even with Martin Scorsese with that last film he did the irishman the global audience of the open source audience did a better job with c. G. I. They really did his show the movie with better c. G. I. And so here we could the hive mind of the Global Online community could end up making this even more powerful right while the hive mind of the open Source Community got in really full gear during the revolution of linux as an operating system back in the 1990 s. And we see it also with the creation of bitcoin is an open source project but what i see as the showdown ultimately is that ai is going to require a lot of energy and its going to use its own Tactical Strategies an ability to mesmerize humans to grab as much energy as possible and the other only technological element we know of that is require so much energy is that coin so i see the ultimate showdown being between ai and between because it is really on the side of humanity. Is really working for itself against humanity but theyre both competing for Available Energy one of these 2 will prevail in terms of Artificial Intelligence and where that micro remember and k. All trauma that whole cia program that ran 1st from 105321973 what they were interested in is mind control so here is. Possible mind control is just something to watch and will probably cover and some are solutions will look further into that but i want to turn back to if this is the end game it makes sense to just like burn all the money that could be used in this game. And this game if its going to be ended and its over you might as well spend all your game coins as fast as possible robin hood is making far more money from the options boom than from stocks and another headline about this bullish u. S. Options trading suggests caution their own aside so ive got my pile of money here and people are just throwing it away throwing it into the markets and the options trading now you have all the fun you know i never have fun let me have a. System where its hard that theyre all like so chris theyre newly printed by oh yes powell over there at the u. S. Bad you know if theres like these crypto coins really burn coins they say this is going to make the value of the remaining coins go up were going to burn millions and millions of coins so merican now is in the business of destroying the dollar because they think that to save the dollar they need to destroy the dollar go show do you like to go and try to pick dollars if i think its nice that they have a nice for the global audience but. Weve got to get the money going for this yeah back for next dollars for you in an elegant cinematic way well max used to be an optimist trader so you know basically you know if they were designed to head for actual commodities producer and as a genuine product for them for an ordinary person sitting at home and lock down with an extra 600 bucks a week you know what is options are a legitimate market for which ordinary Retail Investor should even be involved its pure gambling and so it should be regulated as gambling because theres though its friends of value have an option as its price based on the options volatility formula which is similar to saying well the rule that well. Constructed based on the gambling volatility formula theres no real value to these options they can be used as a hedging strategy but mostly the volume or the open interest the number of options in existence expands and contracts based on the number of people who are actually trading those options and i think elon musk you know he generated with his mame warfare with tesla the interest and the volume of options for tesla expanded exponentially and then like the most recent option expire on the friday just past and it went to what we used to call wall street option heaven right Something Like 85 percent of all options expire worthless so that actually the the odds of vegas are better than that actually i mean you could do it with what vegas you could make money but in the absence Trading Market youre almost certainly going to lose money but the commissions are similar to stock trading but the unit value is smaller so it ends up people end up spinning spinning spinning and a they get a very profitable for the brokerages i was one of the top 3 options producers as theyre called what i was looking at your simply what happened back in 1989 did you know lots of lots of options business and i can tell you that its not really a business and so finally game over as of the end of last year 38 percent of russell 2000 constituents were losing money since the markets trough in march their stocks have rallied about 79 percent on average that compares with 47 percent of those who are profitable so basically those same robinhood guys losing their money in options have been are also losing their buying losers in the Market Driving their Prices Higher right there degenerates remember if it does not make it but over 10 years theyre not making money are using a break and when we come back much more coming your way. 54 jets and more than 1300 military personnel are headed to air force base in alaska where is that to say come on ill show you whats the reason for any type of enhanced u. S. Military presence in this area rush up. What is it suddenly about the South China Sea that makes it so that it 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. Syria has been engulfed in civil. Its cost hundreds of thousands of lives and displaced 1000000. 00 small. Peaceful protests of 20 collating into a complex conflict between various geopolitical interests rebel groups just. As me. They are on the dock on this. But if you tell us if you say you hate because im so. Soft. You know so i suppose for example. The cool and. You know deep comedic. Posts about them he had a. Bend over the knee and i sat on ice you know because thats times the movie and then the shooting but i didnt understand hed get a shot to hear. It. Welcome back to the kaiser report im max kaiser a time now to turn to Charlie Boyle hes a financial journalist and Financial System reform campaigner charlie also runs a course teaching people the basics of trading charlie nice to have you on fox news today all right lets get into it so last week in tax this amateur investors begged a bankruptcy judge to save them after they had bought shares and bankrupt j. C. Penney we start similar with amateurs gobbling up bankrupt hurt stock and Whiting Petroleum stock your thoughts on these newbies chasing the zombies charlie well i mean it just proves. That away we go. To school right now but i mean if you go back to march. This is a massive crash and since then people in contact me saying here have things like market crashed id be crazy not to get there i was people in the u. K. This is why i set up money so you can trader dot com to address some of those concerns but whats happened in the axis totally off the scale you know as you know the robin hood and others the the volume on on those things is just exactly like it never seen before. Hers was was something that was just on the truth that you just didnt level. I think the problem here is. Im all in favor of people promoting trading for everybody but this seems to be a real ignorance of how trade the actually works so for example if you go online and try to find ass trades what are you seeing the 1st few lines of results you see here c. S. T. Trading platforms and all sorts of things that are very colorful but there are many teachers so you know thats thats the 1st oliver it makes you look at j. C. Penney chris sample people have to understand how so its actually works. Unless youre tracing you stocks. On the market then youre basically sending to the next person which traced the companys not getting any of the high and a lot of these people are being caught in what you cope and the company dumped and its only the people. That hold the shares the day the day it actually gets restructured so it will lose everything am i missing this is a factor here whats happening now so its very worrying yeah i imagine theyre still have to train their contract for different but yeah theyre similar to optimise training here in the us and kind of originated in the cave anything even more risky than Options Training enough and training has become a big favor of the robin app crowd and i thought the athens and tesla got to extreme overbought. Descent and then crash down to 0 at the athens expired you know eli musk in the bed of a robin hes the pied piper of this robin a generation because he openly mocked the i think say the securities and Exchange Commission he openly mocked his own stock price he said it was a sale you know many dozens of Percentage Points lower and he marks everyone by endorsing various all tointon except the coin market and his company is worth one point almost 300000000000. 00 so this is the new normal charlie i mean i understand what youre saying that its too bad if people are getting you know losing their shirts and getting ripped off but the culture has now turned into an icon a pie pie for trading you know i mean as opposed to any Underlying Company that might be worth anything charlie yeah totally and you know what were talking about one specific company but this is bigger helping the case now youve mentioned across the songs which is that theres really no effective regulation since the 22000. 00 rights i was suicidal so its for a safety trade thats quite interesting that there are options trading for a tyrant in europe theres a legal siesta isnt siestas basically mimicking the price on the markets so you can argue your options are actually much more dangerous especially if you dont understand the basics. Surats an issue. You know its its regulation no ones going to and also any of these things and one of the things ive not exist especially people come to me is that you only realise. Youve been screwed when it when its too late sir you know people ignore all the regulation when when theyre doing well with sony when things turn sour like this then it starts to get exposed. And of course youve got the all the different you know. Technicals in the market respond. Resemblance to profits or the underlying value the company and this is what many people need to educate or close. To top it off you go companies that are said to be going to go against even they dont know how much theyre focusing on big of any the next 6 to 9 months late so yeah start from a transparency and maybe able to lead the way to the business to realize all the different schemes to go on with it so nothing to do regarding the company. Going all in the industrial scale now but theyre never seen before right its funny how the pendulum swings back and forth you know a few weeks ago the the big open outcry was to defund the police and now were hearing activist scream please refund the police and as you point out everyone hates regulators on the way up and they love regulators and they appeal to regulators and they beg for regulation on the way down its amazing to have a Certain Group of folks can get away with having no transparency whatsoever and no need to abide by any laws that all ive seen now that the regulators are going to allow huge stock buyers like the warren buffets of the world to do so completely in darkness without any transparency whatsoever thats a new thing that theyre going to allow and of course i mean the Options Market sticking with the Options Market you have no idea how these players are manipulating the Options Market because of course in the Options Market the volume or the open interest. Of supply well. Contracts and expands based on demand and supply theres no underlying fundamental value to an auction its based purely on volatility is how they come up the price so if you remove even who owns how much of what its really you know a casino and. This. You know it is what it is i mean a lot of people are going to lose a lot of money but maybe that thats what they were born for that outcome you know thats just the way nature and now several of the big banks in the us reported their highest ever quarterly trading profits this is probably thanks to the fed buying all of their losing bets right here you have a model where the banks make bets if they go bad. Instead of peeling to regulators they just have the regulators buy the bad bets right off their books so why not create a special Purpose Vehicle or enough p. V. To buy up all the robert a traitor stupid bad charlie well i mean scaring to the point now where nothing surprises me. The whole robin hood situation its been a much wider problem. You know going back to the banks for a 2nd. Of the provisions for one losses and i will start im going to be brutalised in the next 6 to 9 months i mean. I wont be able Certain Properties to change crush on a bucket firm all the unemployment that is banks are still running at record levels difficult to say how procure prices are going to bear up that far down another thing im looking out for them there because you believe counts and that we just got many times but. Just a way face things for. Any result for many banks of any size now i dont believe that so because a lot of the assets on our Balance Sheet for example are going to be coping with us and a couple of years its difficult and were not going to happen because were going just look to go to the highest. You know i wouldnt like a bank stocks right now you know even a bit of what is said about us exactly because since it can change so quickly yeah i just keep on this point for a 2nd you know there are so my social unrest around the world because the disparity now between the top and the bottom is growing almost exponentially and you know thats just another great example of why there is some some myself still unrest if if a large institutional player or a bank makes a training mistake the central bank will make them whole if youre on robin hood and you buy shares and bank from hertz and you lose 90 percent or 100 percent the bank doesnt make you haul so its clearly it to tear society we have going thanks to a criminal activities i would characterize them both the Federal Reserve bank and the bank of england and other Central Banks around the world are caged in a criminal conspiracy but now lets talk about the stock market as it relates to the coin poloroid and the man on the street and they lunchbox guy joe baca down its apparent you know theres a huge. Disparity here right stock markets are all time high and we are and the beginning of a depression while we work through this before us charlie started this many times. Already and that was going to respond but we had a Reagan Coalition that she 1000 i crush you thought security done extremely well lets go back to our record levels of. Assets that would stroll into peoples lives destroy the many is. What happened at the time was. With her views of attention on a system i dont know maybe that was caught on time should. It not disobeying the problems that made problems a little a lot bigger a lot of the same so im out looking not so sure with a cause greater ability to whistle on than. Because for various reasons which been documented already and i just i started say to take a picture not necessary when i was working in banking but whatever site 1st the banks collapsed you know its always the people that were never responsible for any of the problems but they were treated always crisis and desist this is the worst thing about it i mean for me my father ran a banks quite a big one on accountant by training and im making most schools cons more money on the on the trading front because i understand the system im just why ive got my 2nd straight dot com to try and help people to at least look at coaching or money saving the banks and the title so if we have a very very unfair system as a loan criminality does a lot of cases but have all the evidence sort of banks and all the Financial Institutions thats right still trying to finds today and were still not getting the yet the results the main justice and all of these protests around the world. You know we need to be protesting about im a system where there is justice so the prisons in america are the sinatras until we really realized. That this is only going to get worse right now and. You know if they do construct those economies right Charlie Boyle yeah i follow you on twitter i think there are reports on various networks always excellent stuff thanks for being on the kaiser report thanks max and the thing to do for this edition of the kaiser report with me max kaiser and stay here i want to thank our guest Charlie Boyle if you want to catch us on twitter at kaiser report until next time ill. Now look forward to talking to you will. Hunting knowledge issue work for people. I robot must obey the orders given it by human beings except where such orders that conflict with the 1st law show your identification for should be very careful about official intelligence and the point over you see is to face trusts or both of them shia. Flaked theories chozen with Artificial Intelligence will summon the demon. Must protect its own existence as a next. Problem drugs dont do is come from im scrupulous dealers but from pharmacies to in every state in the United States we see me very sharp increase in the number of people seeking treatment for addiction to prescription opioids invented america under the banner of medicine persisted with the pain but instead of trying to wean him off though she just goes after dose after dose after dose and really became his drug dealer so whos to blame patients doctors manufacturers all the governments. I 1st heard about you know. From the helicopter folks in iraq. I think that there are people going and going to its military who have never forgiven. This guy afraid of the truth of the book and will take it with you so he was really story to have. Independent journalists that youd. See a lot of crimes to have no one on. The idea. Developing anonymous digital tongues and appliance and media and since its that was a friends. Thing i didnt destroy interest and retain it with me for a short while and in the room one of the worlds most. Unusual rumors and yuri ascender selfridge founder to the song to the song knowing. That there was a great deal of jealousy in the mainstream for the song the fit why wont it be more like all they have hugh seem all. The same and. Says my. Goodness. We have giuliani sides in solitary confinement in the prison for terrorists await you know how its a live person. I dont see him dying you know. And i. Know what hes saying. Always the issue of trying to playing out in the American Election cycle. And betray themselves as being tough on beijing maybe they are at least rhetorically but in reality those are very different story and its bipartisan the commanding heights of industry and finance for to china for decades and now the riches show is this china. A standoff grips a poor. Old trump deploys federal troops to the u. S. For all the president s. Sweeping america. What cities are doing is absolute insanity many of the same politicians who want to slash resources for Law Enforcement have also declared that their cities are saying she was for criminal illegal aliens. The