Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’

Ray Dalio, the billionaire founder of Bridgewater Associates, delivered one of his starkest warnings yet on the current market environment during a wide-ranging appearance on The Diary of a CEO podcast with host Steven Bartlett, arguing AI enthusiasm has pushed markets into bubble territory reminiscent of 1929 and 2000.