Video News/In Focus with Jeremy Szafron

Author and financial commentator Dominic Frisby tells Kitco News that AI and the rise of contingent work are reshaping how states collect revenue. “The biggest source of government revenue is under threat,” he says, adding, “you can’t tax the robots in the same way that you can tax humans.” On money, Frisby urges viewers to consider both assets. “All roads lead to both,” he says of gold and Bitcoin, and later adds, “we’re allies.” He is skeptical of state digital money, saying, “I just think CBDCs are doomed.” Comparing the U.S. to the U.K., he notes, “I would say you are about 50 years behind us.”