Why Ray Dalio is Worried About an AI Bubble

On this episode

About this episode

Since the AI boom began, industry skeptics have warned it would be the next bubble. They point to massive investments, circular financing, and the technology’s reliability issues. And yet, as revenue rises and the models improve, it might appear that a crash is no longer likely. Ray Dalio says that isn’t the case. As the founder of Bridgewater Associates, the world’s largest hedge fund, Dalio knows a thing or two about markets. He famously warned of the 2008 crisis, enabling his firm to post gains while most funds lost money. In the AI market, Dalio still sees a potential calamity. The technology is amazing, he says, but that doesn’t necessarily mean it’s an amazing investment. Is he right?…