Ray Dalio Says the AI Bubble Is Close to Bursting. A Strategist Says Zombie Companies Are the Real Risk
Ray Dalio and Jordi Visser agree that markets have a bubble. They disagree on where it is. Last week, Dalio, the founder of Bridgewater Associates, described artificial intelligence as a classic bubble. "I think we’re close to that," Dalio said of the bursting point at the Forbes Global CEO Conference in Singapore, Vis