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Fortune
Fortune
Eleanor Pringle

I chatted with Ray Dalio’s AI doppelgänger: It says there’s a 75% chance the AI bubble bursts in 2026, but wouldn’t tell me which stocks to avoid buying

Ray Dalio on stage with Fortune's Diane Brady at Fortune Global Forum this year. (Credit: Iman Al-dabbagh—Fortune)

This morning, I had a delightful conversation with Ray Dalio—or rather, the AI chatbot to which the Bridgewater Associates founder says he has uploaded his insight and experience. Over the course of an hour, we “discussed” many topics: National debt (on which “Digital Ray” was considerably more optimistic than his human counterpart), prospects of an AI bubble (a broadly similar take to real Ray), and the secret to becoming a billionaire.

An invite to test the beta version of Digital Ray dropped into inboxes on Friday, and supporters and cynics have been evaluating the platform since. The bot is trained on a range of materials, including Dalio’s books and public speeches. The hedge fund titan has described it as the natural extension of the computing partners he developed decades ago at the company he founded. It “is consistent with my current main goal in life, which is to pass along what I have that can be valuable to others,” he has said.

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