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International Business Times
International Business Times
Business
Demian Bio

Ray Dalio Says AI Market Shows Signs Of Being a Bubble: 'Nobody Can Get It Exactly Right'

Ray Dalio is warning that the AI frenzy is showing signs of being a bubble. (Credit: Getty Images)

Billionaire investor Ray Dalio said the artificial intelligence market is showing signs of being a bubble.

"All great technology changes produce bubbles," Dalio told Bloomberg Television. "Nobody can get it exactly right. You have to either spend a ton of money to capture your market share and don't worry about whether it's too much or not, or you don't spend enough money and you lose your market share," he added.

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