AI market shows signs of a bubble that could burst, says Ray Dalio

The founder of Bridgewater Associates, Ray Dalio, assesses that the artificial intelligence market is already showing signs of a bubble that could burst at any moment.

According to the billionaire investor, bubbles burst when the time comes to capitalize on investments.

"All major technological changes produce bubbles," Dalio told Bloomberg Television.

He states that the bubble bursts when the time comes to capitalize on investments, that is, when wealth is converted into money.

For the investor, the current market is following this trajectory driven by artificial intelligence.

"Nobody can get it exactly right. Either you spend a huge amount of money to capture your market share, without worrying about whether it's too much or not, or you don't spend enough and lose your market share," added Dalio.

Source: CNN