📊 Ray Dalio Predicts AI Bubble Burst

Investor Ray Dalio says the AI bubble will burst in the next few years unless startups start making billions. Currently, AI companies spend about 8 times more than they earn. The sector needs to generate $2 trillion annually by 2030 to justify current investments.

Dalio compares the AI bubble to past tech bubbles like dotcoms, where stock prices rose on hype but lacked real profits. He acknowledges AI will change the world but doubts its economic viability so far.

📊@tech