Prominent billionaire Ray Dalio expresses concerns over the AI-driven frenzy on Wall Street, likening it to the dotcom bubble, and underscores the urgent need for regulatory oversight to protect the economic interests of the average American.
Wealthy Investors Unchecked as AI Speculation Threatens Economic Stability
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Jan-29
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Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium
From Biztoc.com
Jan-29
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Ray Dalio acknowledges the comparison between the current AI investment surge and the dotcom era, highlighting the inherent cyclicality in the markets and the opportunity for growth and prosperity driven by fearless American investors.
From Biztoc.com