Billionaire investor Ray Dalio says the AI craze could fuel a productivity boom - or drive massive disorder
The rise of artificial intelligence could fuel a massive productivity boom – but the technology may prove destructive if it remains unregulated, according to billionaire investor Ray Dalio.
The Bridgewater Associates founder and co-CIO said Monday that he was both excited and concerned about the rise of the groundbreaking technology, particularly generative AI programs like ChatGPT.CNBC's"Squawk on the Street""The only issue is the power, it's the people who are at risk – how the technology is used is the risk," he added.
AI has been one of the defining stories for markets in 2023, with Big Tech stocks that could be central to building the theme – like
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