Canada sold most of it's gold around 2016 when gold was around $1,200 or $1,300/ounce. Doubtful what they did with that money doubled as gold has done since 2016
Also this is kicking the can. Every new currency is a new can to kick. The value of these "assets" is base in virtual reality, and is manipulated invisibly. If you did something to derail Bitcon, the government will literally end you.
Gold looks like it's going big this year. I really want to profit from it this year. I have about $240k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 4years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1.3million in gains… might not be a lot but i'm financially secure.
@@williamDonaldson432 Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
Rebecca Lynne Buie, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Amazing that Peter called out the Microstrategy bubble, and shortly thereafter, literally days, Microstrategy COLLAPSED over 10%!!! I don't have to say it but I will! Peter was right...AGAIN!!!
I agree with Mr. Schiff. We should erect a giant statue of the great Charles Ponzi out in front of the fed, and put Madoff in charge of our entire financial system🤷♂️
YES!!! that's exactly her name (Mrs Geraldine Ann Philips) so many people have recommended highly about her and I'm just starting with her from United States'of America, Florida 🇺🇲
I was looking at US economy data points this week. Non-uniformed federal employees combined cost $200 billion per annum. That is less than 10% of the deficit. Also, the federal government takes about 16 - 17% of GDP as tax revenue. If you wanted to grow the economy out of the deficit, you would have to grow the GDP by 40%. That is just insane. I think there is no coming back from the road we are on.
Peter, have you ever thought that the reason why precious mining stocks have performed so poorly is due to their mismanagement? Look at how these mining stocks dilute like crazy and just poorly manage the fact that their company is LITERALLY SITTING ON A GOLD MINE!
Do a show ON THIS MISMANAGEMENT topic and tout the few that are managed well. Adrian can feed you the data on the best managers even if they don't have the best mines. It would be a good program for your audience.
The problem is American businesses and American government cannot be trusted. The true value of many of these businesses has become hard to discern since those running them raise their values by gimmicks such as stock buybacks. Stock dilutions raise questions about the efficacy and honesty of management. Then there’s the increasing certainty that any profits banked by making such investments are subject to buy-ins. Not forgetting the U.S. government lurking in the shadows wanting its capital gains taxes, its cut on unearned income, or outright confiscation….
@@grantgoldberg1663 buddy, a dividend yield of 5% at most is nowhere near breaking even with inflation. If you listen to Peter you know inflation is way higher than what the most generous mining dividend stock is.
unless the legendary eight thousand tons of gold are not counted as being held within the treasury, then the treasury is not just an empty hole of debt. I wish Peter Schiff would talk about Judy Shelton's proposal for an issue of gold-backed 53-year bonds.
I've been listening to you, Peter, now for 20 years and buying small amounts of gold when budget would allow it. The past two weeks been watching bitcoin climb to 90k and above, and feeling very depressed and stupid wondering how I missed such an opportunity when it had fallen under 20k during the covid scare. So grateful for this podcast today, now I know why I will hold onto my small amount of gold and be glad to not be part of the down draft of our nation through greedy runup of a false promise called bitcoin. Thank you.
Hey Pete, long time fan! Great podcast as always! By the way, your stand up is fkn hilarious, man! Truly!! I love your analysis because also you throw in a lot of humor into the mix, I’ll tell you why, because this whole situation is so fkn ridiculous and bizarre that actually needs humor: it’s beyond a fkn tragic do the only way is to loudly laugh about it..!! I love your 100% accurate assessment of the USA government policies on finances: it IS 109% Ponzy Scheme!!! I’ll tell you what, maestro! You ran fir the president in 2028 YOU GOT MY VOTE!!! This shit is going to hit the fan 100,000% as you’ve been saying for decades! And the only person who knows how to and have the real knowledge of subject matter who DO Have fkn balls and will to fix the shut up IS YOU!!! Cheers and keep it going, brother, I’m a strangest supporter of your work!!
QE results in the Fed having interest bearing liabilities that are liabilities of the US government, since the Fed's liabilities are guaranteed by the US government. QE is just swapping one type of a liability with another. The ever expanding debt expands the currency supply which is the inflation of the currency.
Gonna be a disaster, but if you havent caught on. A lot of investors dont care. They just want to make money off it. Much like Peter. Who just cares about money and his own liabilities 😂
I recently subscribed because I want to see more of the real deal! You get the raw uncut man here, other channels will harvest this to break it up with some Ai pictures scrolling by.
Gold is up around 600% in the UK these last 20 years. Bitcoin is just speculation - thousands lost out when bitcoin tumbled from around 50k to 15k. Be careful what you wish for.
This guy is great at explaining but I really regret listening to him. I didn't buy bitcoin at 200-300 dollars as he said it's a ponzi scheme and it will go zero. He is confident without any knowledge. 😂😂
Thank you very much for another very informative episode. Really good content! The fact that the BLS is revising a year’s worth of jobs created is truly despicable. Be interesting to see if this everything rally continues to run despite all this bad data coming through. I wonder when they will start to implement QE? Anyway appreciate your invaluable insights again!
Also Peter, the great Jim Rogers is saying that silver is basically the only asset that is cheap in this market? What are your thoughts? Will it ever reach another all time high?
The BTC reserve idea is the dumbest idea I've heard in a long time. BTC is supposed to be a stand-alone currency unit - decentralized like Gold. So this bill is stupid - sell real money to buy a currency representing it and use that as reserve? I really wish government would get the hell out of our lives once and for all please! TY Peter for this podcast.
@@CKGamingChannel-w2oI’m assuming you meant “ mitts” because the government has no wits. If so, I agree. They will start will regular BTC then create their own just like they came off the gold standard.
I wasn't expecting Bitcoin to reach almost $100,000 when I first heard about Bitcoin, or even 5 years later, or even a few years ago, or even at the beginning of this year.
The US will revise employment numbers from 2023 to 2024. According to recent reports, the Bureau of Labor Statistics (BLS) has announced that the US added 818,000 fewer jobs than previously estimated from March 2023 to March 2024. This revision brings the total employment growth for the 12-month period from 2.9 million to about 2.1 million, and knocks average monthly growth during that period from about 242,000 to about 174,000.
Yes we know gold prices are high…but are the miners making any money ? Likely more so, govt regulations..unions…utilities…labour…insurance…debt servicing…streaming agreements,hobbling all miners actual profits…after all these expenses.
Thank you for getting it said... I stay at the Wyndham Grand when I'm in Puerto Rico you should be my guest sometime for Gulf Beach or whatever would like to meet you but remember I don't need anything from you it would just be one friend to another. Maybe I'll see you there one day
Peter, you incessantly talk about Bitcoin, you gotta stop. It’s tiresome. I skip over it all the time. Please give it a rest. Your best material is when you speak about the history of our nation, the founding fathers, and current events around politics. Focus more on that material.
Please do not LIE!!! about her bill, that should be beneath you. She is saying to write up the gold reserves to market value and take the difference and buy bitcoin with it.
@peterschiff, why do you say the US Government can't pay holders of US debt when that debt becomes due, since the holders of that debt agree at the time of purchasing it that all they can do with it is exchange one USD-denominated instrument (a T-bill or note) for another (an increased balance at their bank, which is what happens when the Treasury retires the debt and instructs the Fed to carry out the accounting adjustments)? I don't get it.
Hi Peter, could you explain more in detail how and why you disagree that tariffs would strengthen the dollar (exchange rate to another currency). Also I recall you talking about the milkshake theory. I'd like to hear that one also more in detail. Thanks for doing the podcast. You're gold
Gregory Mannarino on his Vlog knew about the lies about the economy and jobless claims were wrong. He goes to the source to verify, real job numbers for example.
We are hoping in the short run the economy appears weak as the bloated Federal employment and budget is cut back. It takes time to replace unproductive jobs with productive ones.
I'm only about 12 minutes in, but don't forget about AI, it's going to take a lot of jobs over the next four years. There will be a lot of people on unemployment long term and the only way to keep things from collapsing will be to increase payments pretty high. I just read a thread on Reddit by a guy who works at a local news station and he said most of the jobs there are getting taken over by AI.
Here is the link to my standup routine. th-cam.com/video/ne__pTRAenc/w-d-xo.html
Peter, yet ANOTHER vacation? When do you actually work? CHIEF Economist and GLOBAL Strategist?
Back when Bitcoin was about $100.
I've watched that stand-up routine many times over the years. You should do an even better one again, Peter.
based on the gold situation nowadays
Canada sold most of it's gold around 2016 when gold was around $1,200 or $1,300/ounce. Doubtful what they did with that money doubled as gold has done since 2016
"There should be a statue of Charles Ponzi in Washington". I love it!
Next to the Statues of Bernie Madoff and Sam Bankman-Fried 🤣
nah a statue of dogwifhat would be best
You can’t rely on one ponzi you need a diversified portfolio of ponzis
-US government
❤😂
Also this is kicking the can. Every new currency is a new can to kick. The value of these "assets" is base in virtual reality, and is manipulated invisibly.
If you did something to derail Bitcon, the government will literally end you.
We appreciate when you podcast
Roger that!
Gold looks like it's going big this year. I really want to profit from it this year. I have about $240k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
Don't act on every forecast. It is best you speak with a market expert before making any investment decisions. My two cents.
A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 4years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1.3million in gains… might not be a lot but i'm financially secure.
@@williamDonaldson432 Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
Rebecca Lynne Buie, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Peter is the ONE and ONLY ONE Gold...Pure, Unadulterated, Shining and REAL store of value!!!
Sure Jan
I watch the Peter Schiff Show Podcast , every Saterday Morning , from South Africa.
@sean "...every Saterday [Saturday] Morning [morning]..." Saturday is named after Saturn. There should be no space before comma.
From Australia here mate.
Greetings from England, Yarpie. Much love to you and your family there in The South. Alles sal reg kom. Stay strong.
Hi sir!
I am your biggest student from south east Asia
Will continuously buy gold and silver to protect my family from future inflation
Thanks for sharing 😅
Invest that money, comoanies cna make profit, gold is just there doing nothing.
Amazing that Peter called out the Microstrategy bubble, and shortly thereafter, literally days, Microstrategy COLLAPSED over 10%!!! I don't have to say it but I will! Peter was right...AGAIN!!!
I agree with Mr. Schiff. We should erect a giant statue of the great Charles Ponzi out in front of the fed, and put Madoff in charge of our entire financial system🤷♂️
You know that he is dead, right?
@dialy1 well in that case we should erect statues of the great Charles Ponzi and Madoff BOTH in front of the fed🤷♂️
@@dialy1 He wasn't when I was making those jokes.
@@peterschiff I was thinking the same thing🤣
@@peterschiff Make Michael Saylor head of the Ponzi, er I mean Treasury.
Listening to Peter Schiff to not purchase bitcoin was one of the worst financial decisions I ever made smh how this dude still relevant
Yep!
It's all about waiting for the episode to be over and fast forwarding through the commercials!
There's still an app for that.
beggars can't be choosers.
The in-episode ads PLUS TH-cam ads are brutal
"Secretary of the debt." I love it !
Another great post by Peter Schiff. Thank You Peter.
Thank you Peter. I listen every time.
Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in July 2024
Sounds good,how do you do that? I'm interested,how do I go about getting started?
Do you invest with a professional broker??I'd appreciate it if you show me how to go about it.
It's Geraldine Ann Philips doing she's changed my life. A BROKER- like her is what you need.
Her top notch guidance and expertise on digital market changed the game for me.
YES!!! that's exactly her name (Mrs Geraldine Ann Philips) so many people have recommended highly about her and I'm just starting with her from United States'of America, Florida 🇺🇲
I also read that the Congress has not passed a budget for the current fiscal year! They should have done this last spring!
I was looking at US economy data points this week. Non-uniformed federal employees combined cost $200 billion per annum. That is less than 10% of the deficit. Also, the federal government takes about 16 - 17% of GDP as tax revenue. If you wanted to grow the economy out of the deficit, you would have to grow the GDP by 40%. That is just insane. I think there is no coming back from the road we are on.
Thanks for sharing g the comedy skit. Was entertaining! You should do it again!
Peter, have you ever thought that the reason why precious mining stocks have performed so poorly is due to their mismanagement? Look at how these mining stocks dilute like crazy and just poorly manage the fact that their company is LITERALLY SITTING ON A GOLD MINE!
That has been a problem as well, I agree. But that has improved during the bear market.
Do a show ON THIS MISMANAGEMENT topic and tout the few that are managed well. Adrian can feed you the data on the best managers even if they don't have the best mines. It would be a good program for your audience.
The problem is American businesses and American government cannot be trusted.
The true value of many of these businesses has become hard to discern since those running them raise their values by gimmicks such as stock buybacks.
Stock dilutions raise questions about the efficacy and honesty of management.
Then there’s the increasing certainty that any profits banked by making such investments are subject to buy-ins.
Not forgetting the U.S. government lurking in the shadows wanting its capital gains taxes, its cut on unearned income, or outright confiscation….
Then why is their P/E so low and their dividend yield so high?
@@grantgoldberg1663 buddy, a dividend yield of 5% at most is nowhere near breaking even with inflation. If you listen to Peter you know inflation is way higher than what the most generous mining dividend stock is.
You were right all along Peter… thanks for letting us know
unless the legendary eight thousand tons of gold are not counted as being held within the treasury, then the treasury is not just an empty hole of debt. I wish Peter Schiff would talk about Judy Shelton's proposal for an issue of gold-backed 53-year bonds.
Chances are the U.S. has not an iota of gold….
Why would anyone trust the government to make good on a gold bond when they already defaulted on them in 1971?
what gold???
Hilarious man love your show, keep it going
Thank you for your insight Peter. It’s always good. I am Looking forward to your next podcast.
Excellent thank you from australia
Ditto!
1. No one cares where you're from. 2. Do they not teach you punctuation in Australia?
great episode Peter
Thanks, Peter. Always appreciate your insights.
Another miserable day for gold.. crashes $100… thats not a correction.. thats a crash.. lose 2 weeks of gains in a couple hours
We need a statue of Charles Ponzi on Capitol Hill ✔👍
I agree. Time will shake things out. Stay healthy to be alive to see it.
Keep the content coming Peter the podcast is the best been listening since I was a teenager
I've been listening to you, Peter, now for 20 years and buying small amounts of gold when budget would allow it. The past two weeks been watching bitcoin climb to 90k and above, and feeling very depressed and stupid wondering how I missed such an opportunity when it had fallen under 20k during the covid scare. So grateful for this podcast today, now I know why I will hold onto my small amount of gold and be glad to not be part of the down draft of our nation through greedy runup of a false promise called bitcoin. Thank you.
Maybe, or you might sink into an even deeper depression when Bitcoin keeps reaching new heights as it gains mass adoption. Only time will tell.
Get on MicroStrategy
He will be saying this when BTC hits $500k and you will have missed a ton of profits
Hey Pete, long time fan! Great podcast as always! By the way, your stand up is fkn hilarious, man! Truly!! I love your analysis because also you throw in a lot of humor into the mix, I’ll tell you why, because this whole situation is so fkn ridiculous and bizarre that actually needs humor: it’s beyond a fkn tragic do the only way is to loudly laugh about it..!! I love your 100% accurate assessment of the USA government policies on finances: it IS 109% Ponzy Scheme!!!
I’ll tell you what, maestro! You ran fir the president in 2028 YOU GOT MY VOTE!!! This shit is going to hit the fan 100,000% as you’ve been saying for decades! And the only person who knows how to and have the real knowledge of subject matter who DO Have fkn balls and will to fix the shut up IS YOU!!! Cheers and keep it going, brother, I’m a strangest supporter of your work!!
Thoroughly enjoyed this podcast. Thank you! Ponzi Scheme 101.. absolutely hilarious!! 😂
QE results in the Fed having interest bearing liabilities that are liabilities of the US government, since the Fed's liabilities are guaranteed by the US government.
QE is just swapping one type of a liability with another.
The ever expanding debt expands the currency supply which is the inflation of the currency.
The Fed has interest bearing assets on its balance sheet. They are only liabilities on the government side.
Thanks Schiff 💪🏼
That's Mr Schiff to you
Trumps first effort wasn’t that great, I’m no fan of Biden but I think things are likely to be a disaster.
Gonna be a disaster, but if you havent caught on. A lot of investors dont care. They just want to make money off it. Much like Peter. Who just cares about money and his own liabilities 😂
Agree, but crisis creates opportunity
@@jeffreygoss8109 preaching to the choir 🙌 🍷
Excellent podcast!!!
Love your podcast peter
Watched Peter's standup economist comedy. Pretty funny.
Always thought provoking Peter. 🎉🎉🎉🎉
Peter What is the best way to invest into gold? Actually buying 24k gold bars?
The statue that is missing in Washington DC is of Charles Ponzi -- Lol.. I dropped out of my bed.
50% of what I learned about ecomonics is from Peter. He convinced me to buy bitcoin and gold. I still listen every podcast.
Agree with you on QE. Heard this from you and Bald Guy Money. Best sources.
enjoyed it, looking forward to the next one
Enjoyed the podcast
I don’t think it’s the problem with democracy as Peter said , it’s the issue of big corporate money/bribes in politics
I like that the Secretary of the Debt
What an amazing podcast Peter knows his stuff 👌
Thanks Peter.
Pete, is it hard to say ‘when this collapses’ when bitcoin is at all time highs? I’ve never owned bitcoin by the way
I recently subscribed because I want to see more of the real deal! You get the raw uncut man here, other channels will harvest this to break it up with some Ai pictures scrolling by.
Great program.
thank you for adding the timestamps
I wish I could go back in time a few years and buy a few bitcions. Same can't be said about buying a few onces of gold!
Gold is up around 600% in the UK these last 20 years. Bitcoin is just speculation - thousands lost out when bitcoin tumbled from around 50k to 15k. Be careful what you wish for.
This guy is great at explaining but I really regret listening to him. I didn't buy bitcoin at 200-300 dollars as he said it's a ponzi scheme and it will go zero. He is confident without any knowledge. 😂😂
Yeah. Same for emerging markets and gold miners. His europacific funds are a significant loss over last 15 years in real terms.
Nicotine? Cmon Pete! Great episode regardless ❤
I thought the same. Guy sleeps in some hyperbaric chamber and is schilling edible cigarettes
Peter would advertise anything for a nickel.........he had mens underwear last year.....
Thank you very much for another very informative episode. Really good content! The fact that the BLS is revising a year’s worth of jobs created is truly despicable. Be interesting to see if this everything rally continues to run despite all this bad data coming through. I wonder when they will start to implement QE? Anyway appreciate your invaluable insights again!
Also Peter, the great Jim Rogers is saying that silver is basically the only asset that is cheap in this market? What are your thoughts? Will it ever reach another all time high?
Thank you Peter 🙏
GOOD SHOW
Lack of excitement translates into continuing Gold upward arc, this is our Little Secret….Shhh
If the Fed is independent, why is it up to the Prez to appoint the head of the Fed?
Peter maybe you've done this already, but can you explain in detail the dollar milkshake theory, and what your disagreements are with it?
the Ponzi/Madoff part was hilarious
This will all end in tears, we just don’t know when
PETER IS THE BEST ADVICE, GET SMART
The BTC reserve idea is the dumbest idea I've heard in a long time. BTC is supposed to be a stand-alone currency unit - decentralized like Gold. So this bill is stupid - sell real money to buy a currency representing it and use that as reserve? I really wish government would get the hell out of our lives once and for all please! TY Peter for this podcast.
The government has it's wits all over BTC. It's a ledger, so it's recorded.
@@CKGamingChannel-w2oI’m assuming you meant “ mitts” because the government has no wits. If so, I agree. They will start will regular BTC then create their own just like they came off the gold standard.
Why is there a Kathy Woods Commercial Investment ad on your channel?
I wasn't expecting Bitcoin to reach almost $100,000 when I first heard about Bitcoin, or even 5 years later, or even a few years ago, or even at the beginning of this year.
Why not it's going to 1 million
The US will revise employment numbers from 2023 to 2024. According to recent reports, the Bureau of Labor Statistics (BLS) has announced that the US added 818,000 fewer jobs than previously estimated from March 2023 to March 2024. This revision brings the total employment growth for the 12-month period from 2.9 million to about 2.1 million, and knocks average monthly growth during that period from about 242,000 to about 174,000.
Peter, where are we going to end? This is all crazy.
Good podcast.
“The statisticians who have been withholding the real data are about to unleash the gates of hell” Dimartino Booth
Which would be Mr. Peter Schiff!
That Palpatine thumbnail Peter 😂
great content thanks
Yes we know gold prices are high…but are the miners making any money ? Likely more so, govt regulations..unions…utilities…labour…insurance…debt servicing…streaming agreements,hobbling all miners actual profits…after all these expenses.
Yes they are not making money at these prices means they are a waste of time
Thank you for getting it said... I stay at the Wyndham Grand when I'm in Puerto Rico you should be my guest sometime for Gulf Beach or whatever would like to meet you but remember I don't need anything from you it would just be one friend to another. Maybe I'll see you there one day
Why not move there and pay 0% tax?
Trump was delighted with negative interest rates, he was literally happy that the bank was paying the customer as he borrowed the money.
Peter, you incessantly talk about Bitcoin, you gotta stop. It’s tiresome. I skip over it all the time. Please give it a rest. Your best material is when you speak about the history of our nation, the founding fathers, and current events around politics. Focus more on that material.
What does Schiff think about the US Bitcoin reserve? And all these other countries BTC reserve (Brazil, El Salvador etc )?
They are creeping gold up to suppress excitement while they buy it all up without being noticed.
Please do not LIE!!! about her bill, that should be beneath you. She is saying to write up the gold reserves to market value and take the difference and buy bitcoin with it.
Oh ya, the only industry that loses money when gold has skyrocketed are the miners cause they are crooks😅
@peterschiff, why do you say the US Government can't pay holders of US debt when that debt becomes due, since the holders of that debt agree at the time of purchasing it that all they can do with it is exchange one USD-denominated instrument (a T-bill or note) for another (an increased balance at their bank, which is what happens when the Treasury retires the debt and instructs the Fed to carry out the accounting adjustments)? I don't get it.
😂 because the USD is being devalued so bond holders don't receive what they originally put in
Question: Will J Powell keep his job for trumps full term?
I wonder if Peter was the inspiration for Goldmember
This is your best thumbnail
How much BTC do you own, Peter?
The crypto industrial complex 😂
I like it. 🤣
Hi Peter, could you explain more in detail how and why you disagree that tariffs would strengthen the dollar (exchange rate to another currency).
Also I recall you talking about the milkshake theory. I'd like to hear that one also more in detail.
Thanks for doing the podcast. You're gold
I called that out in 2017 govt invented it and that’s why I bought it .
I remember a podcast of yours about 6months ago or so that you said Bitcoin goes to zero before it goes to 100k lol
If Peter had invested even 5% in Bitcoin 10.ywars ago he could be one of the richest men on the planet.
Ego and pride yes he would
According to the Bible, at some point Gold and Silver will also be worthless
Gregory Mannarino on his Vlog knew about the lies about the economy and jobless claims were wrong. He goes to the source to verify, real job numbers for example.
Their is No one out there better than you Peter in forecasting the 🇺🇸 economy.Great Episode and GOD Bless.
We are hoping in the short run the economy appears weak as the bloated Federal employment and budget is cut back. It takes time to replace unproductive jobs with productive ones.
I'm only about 12 minutes in, but don't forget about AI, it's going to take a lot of jobs over the next four years. There will be a lot of people on unemployment long term and the only way to keep things from collapsing will be to increase payments pretty high.
I just read a thread on Reddit by a guy who works at a local news station and he said most of the jobs there are getting taken over by AI.
These take lots of power and Nvidia chips
Is there a link or any article for these revisions ?