Dalio: The AI bubble is paper wealth that’s hard to cash in—and it’s on the verge of bursting
At the Forbes Global CEO Conference in Singapore, Bridgewater founder Ray Dalio delivered his verdict: AI is a “textbook bubble” and is nearing the breaking point. Rising interest rates, combined with pressure to monetize, have left the bubble teetering on the edge. He put it this way: Everyone says they’re worth a billion dollars, but try spending it and see—
Haha, did this guy short it?
#FollowForFollow# #FollowBack#
At the Forbes Global CEO Conference in Singapore, Bridgewater founder Ray Dalio delivered his verdict: AI is a “textbook bubble” and is nearing the breaking point. Rising interest rates, combined with pressure to monetize, have left the bubble teetering on the edge. He put it this way: Everyone says they’re worth a billion dollars, but try spending it and see—
Haha, did this guy short it?
#FollowForFollow# #FollowBack#