Billionaire Ray Dalio says we’re nearing point where AI bubble may burst

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 07 Oct, 05:05 UTC

Speaking at the Forbes Global CEO Conference in Singapore on Wednesday, Dalio said that a huge amount of debt is being taken out to fund AI. As rates continue to climb, that is a point at which the bubble begins to pop.