Dalio flagged AI bubble risks since at least Jan 2025 (comparing to 1998-99), calling it early-stage in 2026 and potential burst now. He has issued many bubble/crisis warnings over decades via his gauge. Accuracy mixed: famously wrong on 1982 depression (nearly ruined him); Bridgewater handled 2008 well. Timing imperfect—he stresses conditions over exact dates, with gauges better for multi-year relative returns.
JUST IN: Billionaire investor Ray Dalio says the AI bubble may "burst" soon.