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Ray Dalio, founder of Bridgewater Associates, warned that the current surge in AI investments resembles a classic bubble nearing a breaking point, citing rising interest rates and investors' need to liquidate assets as key destabilizing factors.
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Key sources
- SOURCE@business“AI is a “classic bubble” that is nearing a bursting point thanks to rising interest rates and the need to turn wealth into cash”x.com
- SOURCEmarketbrief.now