Dalio
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Billionaire Ray Dalio tells Americans the problem with AI companies in the US vs China
Billionaire investor Ray Dalio who predicted the 2008 recession has now cautioned America’s biggest artificial intelligence companies risk falling behind China because of their obsession with profitability. According to a report by Business Insider, speaking at the Forbes Iconoclast conference in New York, Dalio contrasted the approaches of US firms like OpenAI and Anthropic with their Chinese rivals, saying Beijing views AI as a public utility rather than a profit engine. Dalio, who visited...
Dalio Sees AI Bubble Bursting as Wealth Is Converted Into Money
Ray Dalio, founder of Bridgewater Associates LP, during a Bloomberg Television interview during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23.