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Fortune
Fortune
Sasha Rogelberg

Billionaire investor Ray Dalio warns the U.S. won't 'be competitive in manufacturing with China in our lifetime'

Photo of Ray Dalio (Credit: Chris Ratcliffe/Bloomberg—Getty Images)
  • Ray Dalio argued China will continue to have the leg up on the U.S. in AI chip manufacturing for the foreseeable future. “We're not going to have competitive advantages in those things,” the billionaire told Tucker Carlson last month. However, the U.S. will likely hold the edge in the AI development race in innovation and research, Dalio said.

The U.S. may have the brains in leading AI chip development globally, but China will continue to have the brawn to manufacture applications for those chips, and that won’t change anytime soon, billionaire investor Ray Dalio says.

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