Billionaire Ray Dalio Warns AI Bubble Could Soon Burst
17 Articles
17 Articles
He stated that a huge amount of debt is being contracted to finance AI and that, if the rates continue to rise, there will be a point where the bubble will begin to explode.
This is a "classic bubble" that is starting to deflate as interest rates rise, Dalio warns The post Ray Dalio: We are approaching an AI bubble burst appeared first on in.gr.
The massive investment in artificial intelligence has sent tech stocks to record highs. Now billionaire investor Ray Dalio warns that the market has developed into a classic bubble, approaching a dangerous point.
The artificial intelligence market is a “classic bubble” that is approaching a bursting point, Bridgewater Associates founder Ray Dalio said at the Forbes Global CEO conference in Singapore. He said the risk is increasing because of rising interest rates and the need to turn accumulated wealth into cash. “We are in the part of the cycle that precedes the bursting of the bubble, but we are getting closer to it. I think we are close,” Dalio said. …
The megainvestor Ray Dalio, founder of Bridgewater, warned that artificial intelligence is a classic bubble that is close to bursting due to high interest rates and the need to transform wealth into money. Understand: IA debt wave pushes U.S. Treasury titles Audience in NY: Former Anthropic researcher warns that running for IA brings risks that the industry itself does not yet understand Speaking this Wednesday, during the Forbes Global CEO Conf…
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