Bulls and doomers are both right, says Ray Dalio—AI will be… | HappeningNow.news

Business & Economy

Bulls and doomers are both right, says Ray Dalio—AI will be ‘miraculous’ for productivity but fuel a ‘devastating’ bubble and wealth inequality

"It is going to be one of the biggest productivity-enhancing, changing-the-world forces, and also a bubble that is going to have devastating effects on many people as it works itself through this. "

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Ray Dalio says AI will become a major driver of productivity while simultaneously creating a bubble that could have devastating effects on many people.

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