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Ray Dalio: AI Mkt Already Showing Signs of Bubble that Will Eventually Burst
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Ray Dalio, founder of Bridgewater Associates, said the AI market is already showing signs of a bubble that will eventually burst. All major technological revolutions create bubbles, as bubbles often burst when investments need to deliver returns, Dalio remarked. He expressed concern about the profitability of AI companies, noting that when a bubble bursts, it is the moment when wealth is converted into cash. Although AI is a very good technology, he said it is driving the market down a path toward a bubble collapse. AASTOCKS Financial News |
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