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Ray Dalio Warns AI Bubble Will Burst Like Dot-Com Era, Tech Will Endure
Billionaire investor Ray Dalio believes the artificial intelligence bubble will burst when investors begin converting their wealth into cash, a sentiment echoed by DoubleLine's Jeffrey Gundlach, who warns of an AI bubble coming to credit markets. Dalio further cautioned that the 'pricking is coming' for the AI bubble, comparing it to the dot-com bust, but affirmed that the underlying technology will endure.
3 Jun, 16:45 — 3 Jun, 16:45
Coverage Timeline
First report: zerohedge · 3 Jun, 16:45|Full coverage: 3 · 2h|Window: 2h
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