Editor’s Commentary: Before reading the article below by Tyler Durden from Zero Hedge, it’s important to note that in my humble opinion, Artificial General Intelligence (AGI) is one of the greatest threats to humanity. I’m not alone in this thinking, but unfortunately the number of people ringing the alarm bells seems to be shrinking at a time when they should be growing.
The reasons for this are many, not the least of which being how easy it is to get enamored by the problem-solving nature of AGI. But with any technological advancement that was intended to make life better, there are always unintended consequences. With AGI, the consequences are far greater than anything we’ve seen.
Let’s look at the example of the internet. Did the internet fulfill its promise of connecting the world? Yes, for the most part. Did it also create a western society that has devolved in nearly every cognitive way as a result to so much access to instant gratification? Absolutely. Has it been turned into safe haven for depravity and crime? Absolutely. As unpopular as it might be to say, I would argue that people were more self-sufficient and society was more moral before the internet changed the world.
AGI’s consequences will be far worse. Keep that in mind as you read this informative piece that leans a little too much in favor of AGI for my liking. I’m publishing it as is, not because I like how it paints AGI but because I trust my audience to be discerning with the information…
When the latest iteration of generative artificial intelligence dropped in late 2022, it was clear that something significant had changed.
The language model ChatGPT reached 100 million active monthly users in just two months, making it the fastest-growing consumer application in history. Meanwhile, Goldman Sachs predicted that AI could add 7% to global GDP over a 10-year period, almost $7 trillion, but also replace 300 million jobs in the process.
But even as AI continues to disrupt every aspect of life and work, it’s worth taking a step back.
In this visualization via Visual Capitalist’s Chris Dickert and Sabrina Fortin, the first in a three-part series called The AI Revolution for sponsor VERSES AI, we ask how we got here, where we’re going, and how close are we to achieving a truly thinking machine?
Milestones to Mainstream
The term “artificial Intelligence” was coined by computer scientist John McCarthy in 1955 in a conference proposal. Along with Alan Turing, Marvin Minsky, and many others, he is often referred to as one of the fathers of AI.
Since then, AI has grown in leaps and bounds. AI has mastered chess, beating Russian grandmaster and former World Chess Champion Garry Kasparov in 1997. In 2016, Google’s AlphaGo beat South Korean Go champion Lee Sedol, 4-1. The nine-year gap in achievements is explained by the complexity of Go, which has 10360 possible moves compared to chess’ paltry 10123 combinations.
DALL-E arrived in 2021 and ChatGPT-4 in early 2023, which brings us to today.
But What is Artificial Intelligence?
There’s a big difference between the Roomba that vacuums your condo and HAL from 2001: Space Odyssey. This is why researchers working in the field have come up with the following ways to classify AI:
Despite a false alarm by one Google software engineer in 2022 and a paper by early GPT-4 boosters, no one really believes that recent generative AIs qualify as thinking machines, however you define it. ChatGPT, for all its capabilities, is still just a souped-up version of autocomplete.
Do Androids Dream of Electric Sheep?
That was the title of Philip K. Dick’s science fiction classic and basis for the movie Blade Runner. In it, Harrison Ford plays a blade runner, a kind of private investigator who used a version of the Turing Test to ferret out life-like androids. But we’re not Harrison Ford and this isn’t science fiction, so how could we tell?
People working in the field have proposed various tests over the years. Cognitive scientist Ben Goertzel thought that if an AI could enroll in college, do the coursework and graduate, then it would pass. Steve Wozniak, co-founder of Apple, suggested that if an AI could enter a strange house, find the kitchen, and then make a cup of coffee, then it would meet the threshold.
A common thread that runs through many of them, however, is the ability to perform at one thing that humans do without effort: generalize, adapt, and problem solve. And this is something that AI has traditionally struggled at, even as it continues to excel on other tasks.
Can Current State-of-Art AI Achieve Thinking Machines?
And it may be that the current approach, which has shown incredible results, is running out of road.
Researchers have created thousands of benchmarks to test the performance of AI models on a range of human tasks, from image classification to natural language inference. According to Stanford University’s AI Index, AI scores on standard benchmarks have begun to plateau, with median improvement in 2022 limited to just 4%.
New comprehensive benchmark suites have begun to appear in response, like BIG-Bench and HELM, but will these share the same fate as their predecessors? Quickly surpassed, but still no closer to an AI like J.A.R.V.I.S. that could pass the Wozniak Coffee Test?
Imagine a Smarter World
VERSES AI, a cognitive computing company specializing in next generation AI and the sponsor of this piece, may have an answer.
The company recently released research that shows how to build an AI that can not only think, but also introspect and explain its “thought processes.” Catch the next part of The AI Revolution series to learn more.
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.