The Dark Side of AI

It’s a new season on The Wiggin Sessions, and today, we have an extraordinary guest, Shah Gilani. Shah boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the Chicago Board of Options Exchange floor. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ August 16, 2023 | [View Online]( | [Sign Up]( It’s a new season on The Wiggin Sessions, and today, we have an extraordinary guest, Shah Gilani. Shah boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the Chicago Board of Options Exchange floor. When options on the Standard & Poor’s 100 began trading on March 11, 1983, Shah worked in “the pit” as a market maker. His work laid the foundation for what would later become the VIX – to this day, one of the most widely used indicators worldwide. Are you curious about the lessons history can teach us? This episode is a history lesson and a beacon of hope during the current financial turmoil. We’ll uncover: - The aftermath of [prolonged artificial interest rates]( and pandemic impacts. - The hidden truths behind banking crises, the FDIC’s role, and the delicate balance between higher interest rates and company performance. - The striking similarities between the current economic landscape and historical events like the Global Financial Crisis. - How AI changes everything, including investing - The financial strategies and hedges you can implement to strive during financial crises. [Watch the Session Now ▶️]( Enjoy, Addison Wiggin The Wiggin Sessions P.S. "If AI algorithms aren’t built to learn from the changes," says Mr Gilani, continuing: "If they're built as most models have been, they're built on static data and they don’t change the data... they don’t learn from the new data then they're going to work for a while and then fail." It's a counter perspective to how the markets have moved around artificial intelligence companies thus far... Watch more of Shah Gilani [here]( POWERED BY DEMISE OF THE DOLLAR The Daily Missive from The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to The Wiggin Sessions delivering daily email issues and advertisements. To end your The Daily Missive from The Wiggin Sessions e-mail subscription and associated external offers sent from The Daily Missive from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at feedback@wigginsessions.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2023 The awiggin Sessions 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Sent to: {EMAIL} [Unsubscribe]( Consillience, LLC, Saint Paul Street, 808, Baltimore, Maryland 21202, United States