Elon Musk, Stephen Hawking and Bill Gates Warn Against Artificial Intelligence Technology

As technology continues to explode exponentially, science fiction is rapidly becoming science fact. Wednesday on radio, Glenn highlighted several stories involving some of the greatest minds alive. Elon Musk, Stephen Hawking and Bill Gates are all warning about the dangers of AI and are trying to figure out ways to ensure the survival of the human race.

Listen to this segment from The Glenn Beck Program:

GLENN: I want to share something with you that is going to sound absolutely crazy, much more crazy than when I said, "We're going to be able to print everything. We're going to be able to print organs. We're going to be able to print guns." Remember when I brought the 3D printer on about four years ago, and we were printing little stupid things.

And I remember -- I don't remember who it was, one of the cameramen, it was Justin, right? One of the cameramen was on, and he just shook his head. And I printed a little Batman head for him. And he was like, this is ridiculous. We're not going to be able to print these things. Okay. Sci-fi, and we're going to get flying cars too.

And a year later, we had a guy on the show who gave us a printed -- 3D printed gun that works.

The world is changing. And what this is going to sound like is, you're either a Luddite and you don't want technology -- which is not true. I don't think there's any way to stop this. I think Elon Musk is right on his approach. Or it just sounds so like a movie, like terminator, that you're fighting robots.

And I want you to know that you shouldn't fear the robots. That's not what I'm saying. I want you to hear a story that is on Elon Musk and his billion dollar crusade to stop the AI apocalypse. That's the headline.

It starts with a story that I gave you yesterday in hour number one of this broadcast. And it's Elon Musk. And it's Demis -- Demis, what's his name? Hassabis. And Demis and Elon are having lunch at SpaceX. And Elon says, "I'm working on -- this is the most important project for all of humanity, right now." His trip to Mars. Pat doesn't even think that trip to Mars is going to happen.

PAT: Uh-uh.

GLENN: It will. I'm telling you now, we will colonize Mars. And it won't be done by a government. It will be done by Elon Musk. And here's why: Demis says, "No, you're not working on the most important project. I am." Now, he's in charge of DeepMind. DeepMind is the Google project that is gobbling up every -- everybody who is working on AI. Artificial, super intelligence. And they are racing -- Google and DeepMind are racing to artificial intelligence.

Now, artificial intelligence is going to be fantastic. We will -- through artificial intelligence, we're going to be able to figure out cures to cancer. It's so far beyond any supercomputer. It will be able to learn itself. You won't have to program. You won't have to build. It will build itself. It will teach itself.

It's true artificial intelligence. It is living intelligence. And it will be so far -- we will look like mice to this intelligence.

He said -- Demis said, "Well, no, no, I'm working on the most important project for humankind. I'm working on artificial super intelligence." And that's when Elon Musk said, "No, the reason why I'm going to Mars is to make sure there's a human outpost because you're going to get us all killed."

Now, as crazy as that sounds, these conversations are happening. And they're happening a lot in Silicon Valley, with some of the smartest people out there. People who agree with Elon Musk, that this could be the end of all humanity, within the next 40 years, are Bill Gates and Stephen Hawking and a long list of others. But those are pretty prominent guys.

So if you read the story -- let me just give you a couple of them: Some in Silicon Valley were intrigued to learn that Hassabis, a skilled chess player and former video game designer once came up with a game called Evil HEP Genius, featuring an evil scientist who creates a doomsday device to achieve world domination.

Peter Thiel, the billionaire venture capitalist Donald Trump adviser, who cofounded PayPal with Musk and others and who in December helped gather skeptical Silicon Valley titans, including Musk to meet with Donald Trump, told me a story about an investor in DeepMind, who joked as he left a meeting, quote, does anybody else feel like we ought to shoot Hassabis now because we're approaching our last chance to save the human race?

Elon Musk began warning about the possibility of AI running amuck three years ago. Probably hadn't eased his mind when one of Hassabis' partners in DeepMind, Shane Lang stated flatly, "I think human extinction will probably occur, and this technology will play a part in it."

Okay. So wait. Wait. Shouldn't we put the brakes on that? If somebody said that in your office and other great minds around the world were saying the same thing, wouldn't it be time for you to say, "Hey, guys, can we just stop for a second?"

STU: I oddly do work in an office where someone does say that fairly regularly, just to points that out.

PAT: You do? Where's that? Weird.

STU: I don't know.

GLENN: Before DeepMind was gobbled up by Google in 2014 as part of its Google AI shopping spree, Musk had been an investor in DeepMind.

He told me that his involvement was not about a return on his money, but rather to keep a wary eye on the arc of AI.

It gave me more visibility into the rate at which things are improving. I think they're improving at an accelerating rate, far faster than anybody realizes. Mostly because in everyday life, you don't see robots walking around.

Maybe your Roomba or something. But a Roomba is not going to take over the world.

In a startling public approach to his friends and fellow techies, Musk warned that they could be creating the means of their very own destruction. He told Bloomberg's Ashley Vance, the author of the biography of Elon Musk, that he was afraid that his friend, Larry HEP Page, the cofounder of Google and now the CEO of its parent company, Alphabet, could have perfectly good intentions but still produce something very evil by accident, including possibly a fleet of artificial intelligence enhanced robots capable of destroying all of mankind.

Sometimes, what will happen is a scientist will get so engrossed in their work that they really don't realize the ramifications of what they're doing.

Having some sort of merger with biological intelligence and machine intelligence, it may not be the -- it may be the way to escape human obsolescence. A Vulcan mind meld, if you will.

We're basically already there. We're already cyborgs. Your phone and your computer are extensions of you. But the interface is through finger movements or speech, which are very slow. We're now looking at a neural interlace, a lace inside of your skull that would flash data from your brain wirelessly to your Dylan devices or to virtually any unlimited computing power in the cloud for a means of partial brain interface. We are roughly four years away from that.

STU: Four years away from --

GLENN: Thinking and it doing. Did anybody see --

STU: You're not touching a screen.

GLENN: You're not touching anything.

STU: You're just thinking, I want the temperature to go up in this.

GLENN: And it goes up.

PAT: What? Four years!

GLENN: We're four years away.

PAT: No way.

GLENN: Did anybody see the article yesterday that came out -- for the first -- Pat, for the first time, somebody now has received the first real bionic legs that it operates exactly like your legs do. You think, and it does.

PAT: Boop, boop. Boop. Boop.

STU: I saw that documentary. That's --

GLENN: Yeah.

PAT: Yeah.

GLENN: Others, you have to start moving and get, you know -- and get it to move for you. This is now bionic. I believe it -- I believe they were legs, that as you think, it happens. And they have them now with hands --

PAT: Are people being fitted with those?

GLENN: Yes.

PAT: Are they really?

GLENN: Yes. The first one has fitted, and it's working now.

PAT: Oh, how outrageous is that?

GLENN: And that was the story yesterday.

Yeah. So what's the difference between that and this?

PAT: I don't know.

STU: Can we quickly point out that if you can think, I want the temperature to be higher in this room, the divorce rate is going to be 100 percent in this country.

GLENN: Oh, yeah.

PAT: My wife and I are thermostatically incompatible.

(laughter)

GLENN: He went on to say, with artificial intelligence, we are summoning a demon. You know all those stories where there's the guy with the penneagram and the holy water, and he's like, yeah, yeah, no, I -- listen, we can control the demon. I'm just going to call it forth. It doesn't work out, said Musk.

(laughter)

Let's see. Musk is stoit HEP about his setbacks, but all too conscious of the nightmare scenarios. Man has the power to act as his own destroyer, and that is the way he's acted through most of history. We are the first species capable of self-annihilation.

Here's the nagging thought that you can't escape as you drag around from glass box to glass box in Silicon Valley. The lords of the cloud love to yammer about turning the world into a better place as they churn out new algorithms, apps, and inventions, that, it is claimed, will make our lives easier, healthier, funny, closer, cooler, longer, and kinder to the planet.

And yet, as you drive around after these meetings, there's a creepy feeling underneath it all, a sense that we are the mice in their experiments, that they regard us humans as betamaxes HEP or eight tracks. Old technology that will soon be discarded so they can get on with enjoying their new, sleek world.

Many people have already accepted this future. We'll live to be $150, but we'll have machine overlords. They argue not about whether, but rather how close we are to replicating, improving, and replacing ourselves.

Sam Altman, the 31-year-old president of Y Combinator, the Valley's top start accelerator, believes humanity is on the brink of such invention.

The hardest part of standing on an exponential curve is, when you look backward, it looks flat. When you look forward, it looks vertical. It's hard to calibrate how much you're moving because it always looks the same. You'd think that any time Musk, Stephen Hawking, and Gates are raising the same warning about AI, as all of them are, it would be a ten-alarm fire. But for a long time, the fog of fatalism over the Bay area was thick. Musk's crusade was viewed as a Luddite view.

STU: I mean, Elon Musk is not a Luddite. I think that's pretty clear.

JEFFY: No.

GLENN: No. The paradox is this: Many tech oligarchs see everything they're doing to help us, and all of their benevolent manifestos as streetlamps on the road to a future where, as Steve Wozniak says, humans are the streetlamp's pets.

Musk is not going gently. He plans on fighting this with every fiber of his carbon-based being. Musk and Altman have founded Open AI. Now, this is the way to solve it: Open AI, a billion-dollar nonprofit company to work for safer artificial intelligence. His view is, nobody is going to be able to stop this. Nobody is going to be able to stop this. You cannot put the genie back in the bottle. And we're going to have people within ten years that are uploading and are transhumans. They are what's called transhumanism.

As we're talking about the stupid gender and what you feel like today, forget about all that nonsense. Transhumanism is real and it will happen in the next ten years, where you will merge with machines.

He believes that the problem is not -- not robots. The problem is AI merging on the internet.

Now, we saw a documentary with Arnold Schwarzenegger.

STU: Oh, yeah.

GLENN: Where at first you thought that it was the terminator robot that was the problem.

PAT: Uh-huh.

GLENN: And in later --

PAT: It was Skynet.

GLENN: It was Skynet.

PAT: We should have known, it was Skynet.

GLENN: That's what he says is the problem. We'll get back to this here in a second.

[break]

GLENN: Oh, no. I can't take it. I can't take it.

You know, I am full in, on AI. We're going back to Musk here in a second. I'm full-in on super intelligence. I will even be the pet. I will serve Skynet, if it will fix my television.

(laughter)

I cannot get -- it's -- I'm ready to go back to cable.

PAT: What's wrong with it?

GLENN: Oh, the remote control won't control -- won't work with Apple. Sometimes it doesn't work with the cable. You know, sometimes it doesn't turn the TV on at all. Sometimes it will turn everything on, but won't turn on the Apple box.

STU: Ugh.

PAT: And you've obviously had people out to try to fix it.

GLENN: Oh, I can't tell you how many thousands I have probably dumped in this. I just -- just give me a knob. Just give me a knob. Or Skynet. I will serve you, Skynet. I will serve you.

STU: TVs aren't going to work. But the AI thing is going to turn out well.

GLENN: It's going to be really good.

PAT: Really well. Yeah.

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At the time of this post, the bid was up to $4,700 — but we can do better than that. Please help us raise money for a good cause, you don't even have to display it anywhere in your home, you can just keep it in storage or something! If you want this priceless piece created by one of the most influential people in the world of art, place your bids here.

Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

Please support Jonathon's weekly podcast which is exclusive to the Blaze Media and available for FREE. He offers a unique perspective by promoting America's Founding Principles and brings every issue back to a set of core principles which are always based around the laws of nature. You can find links to his show by clicking here or by searching for Freedoms Disciple on your favorite audio platform.

Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.