Ray Dalio warns of looming AI bubble burst amid rising debt and interest rates
- Billionaire investor Ray Dalio said the AI bubble may burst as debt funding for the sector increases significantly.
- Dalio spoke at the Forbes Global CEO Conference in Singapore, highlighting the risks associated with rising interest rates.
- He noted that significant amounts of debt are being taken out to finance AI, raising concerns about its sustainability.
- Dalio said that as interest rates continue to climb, it could signal the beginning of the AI bubble's collapse.
Source: economictimes.indiatimes.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
